Answer:
should be equal to their marginal revenue product.
Explanation:
This applies to basically all employees that work in competitive markets, their salaries should equal their marginal revenue product.
An employee's salary = the market value of hiring the employee = marginal revenue product
The formula for calculating marginal revenue product = marginal physical product x marginal revenue
where:
- marginal physical product = extra units produced by the employee
- marginal revenue = price of the units produced
For example, a new employee can produce 100 units per day and each unit is sold at $0.75, therefore the employee's marginal revenue product = 100 units x $0.75 per unit = $75 per day
Answer:
A client who has cancer and is receiving TPN. The following lab findings indicate the treatment is effective:
Explanation:
- TPN stands for total parental nutrition. It is a method of giving nutrition to a person in which nutrients are given to the vein in order to bypass the gastrointestinal tract because that person is unable to take food through mouth.
- The prealbumin blood test is used to check that a person is getting required amount of nutrients and the normal test indicates that prealbumin is 30 mg/dL so that's why the lab finding indicates that the treatment is effective.
How can you estimate the total sales volume you can expect in your location? You can forecast your sales by figuring out your market. Depending on your market you can estimate how mant people are likely to purchase your product and how often. By using market trends and product testing it allows for a forecast of total sales over time and can let a business know how much to produce so that they are meeting demand.
Answer:
The sellers are peter’s customers.
Explanation:
The sellers are peter’s customers because in this situation peter is showing them the houses available in the market. Thus we can consider that the owner of the homes is customers to Peter because here the work of peter is to help in the sale of homes. Therefore it may be said that the sellers are peter's customer.
Answer:
% in T bills = 18.92%, % in P = 81.08%
Explanation:
Portfolio return = Weighted average return
Return of portfolio P = 0.14*0.6 + 0.10*0.4
Return of portfolio P = 0.124
Let % money in T bills be x
0.11 = 0.05*x + 0.124*(1-x)
0.11 = 0.05x + 0.124 - 0.124x
0.014 = 0.074x
x = 18.92%
Hence, % in T bills = 18.92%, % in P = 81.08%
