Answer:
The answer is "The wage rate will fall and employment will be increased until the new wage rate is equal to MRP.
Explanation:
Firms always try to maximize their profit. Therefore when they hire labor, the increase in labor costs must be lower than the labor's increase to the firm's total revenue. And this forms the "Marginal Revenue Productivity" which is simply the theory that suggests "Wages are paid at a level that is equal to the value of the marginal product of labor". Supply of labor is a function that is inversely proportional with wage rate. So if the supply of labor increases, the correct answer is that "The wage rate will fall and firms will increase employment until MRP equals the new wage rate." Hope this was helpful.
Answer:
d. $878,000
Explanation:
The computation of the cost of goods manufactured is shown below:
= Direct materials cost + Direct labor cost + Manufacturing overhead cost + beginning work-in-
process inventory - ending work-in-process inventory
= $346,000 + $212,000 + $315,000 + $56,000 - $51,000
= $878,000
We simply deduct the ending balance of work in process inventory and the rest items are added to find out the cost of goods manufactured
<span>Put all of these numbers in a line...obviously, don't put ALL of them, but enough so you can see what you're doing.
1 + 2 + 3 + ... + 297,624,985
Now put all these numbers BACKWARDS underneath that.
1 + 2 + 3 + ... + 297,624,985
297,624,985 + 297,624,984 + 297,624,983 + ... + 1
Now add the first series to the second, and you'll see that they add up to:
297,624,986 + 297,624,986 + 297,624,986 + ...297,624,986
Since there were 297,624,985 terms, the total sum here is
297,624,986 * 297,624,985
But since you added it twice, you divide it by two:
148,812,493 * 297,624,985
This is 44,290,315,996,937,605, so...yes, it is MUCH larger.</span>
Answer:
<u>Social consequence entrepreneurship</u><u> </u>
Explanation:
A social consequence entrepreneurship refers to a kind of business which aims at profit making at the same time driven by the motive of creating a positive social impact.
These refer to those ventures created with an object of tackling and overcoming social issues and at the same time create a positive social change.
These could be both profit making or not for profit organizations, though the majority of them belong to the latter category.
In the given case, Sword and Plough hire army veterans to create products and donates ten percent of the profits it earns to veteran organizations. Thus, the company aims at making profits and at the same time serve and benefit a particular segment of customers. Thus, this is an example of Social consequence entrepreneurship.
C is the answer!!! Sorry if I’m wrong
