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Kaylis [27]
3 years ago
5

The nation of Ectenia has 20 competitive apple orchards, which sell apples at the world price of $2 per apple. The following equ

ations describe the production function and the marginal product of labor in each orchard:
Q= 100L -L^2
MPL 100-2L

where Q s the number of apples produced in a day, L s the number of workers, and MPL is the marginal product of labor. Now, suppose the price of apples is back at $2 per apple, but a hurricane destroys half the orchards so only 10 orchards remain. Recall that each orchard's labor demand as a function of the daily wage is L 50-0.25W.

Required:
What is the market's labor demand?
Business
1 answer:
Phoenix [80]3 years ago
4 0

The  market's labor demand is L=500−2.5W

Since labor demand as a function of the daily wage is L 50-0.25W.

Hence,

The individual labor demand curve is: L=50−0.25W

Now let determine The market labor demand curve

The market's labor demand is :

L=10(50−0.25W)

L=500−2.5W

Inconclusion The market's labor demand is L=500−2.5W

Learn more about market's labor demand here:

brainly.com/question/13540328

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Miguel is a new salesperson for Imperial Realty. Dissatisfied with the lack of mentoring he has received, he decides to work for
Mama L [17]

Answer:

Miguel cannot keep the listings; they belong to Imperial Realty.

Explanation:

Since Miguel decides to work for Millennium Real Estate instead and want to transferred his license but at the time of switching,  he listed two properties.

So as a salesperson he cannot keep the listing as it belongs to a broker not a salesperson and the broker should also be reassigned to the new salesperson plus it also belongs to the imperial realty which he has not part anymore

3 0
3 years ago
Unlike an assembly line where workers perform only a few tasks, in a __________ layout, teams of workers combine to perform a va
lions [1.4K]

Unlike an assembly line where workers perform only a few tasks, in a <u>modular </u>layout, teams of workers combine to perform a variety of tasks needed to produce more complex units of a final product.

Modular design is an approach to product design used to manufacture a complete product by integrating or combining small parts that are independent of each other. Websites are built from templates, which are full-page layouts that provide the structure for individual types of websites (homepage, product, service pages, etc.).

Customized to meet the needs of different customers. Over time, some modules are developed to serve new purposes or to improve performance in some way.

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8 0
2 years ago
Which of the following represents the costs associated with safety stock as a cushion? A. Stock-out B. Quality C. Ordering D. Ca
pashok25 [27]
I would say its B quality because of the safety stock you would want good quality.
6 0
4 years ago
Ginger, Inc., has declared a $5.40 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 percen
lesantik [10]

Answer: $89.68

Explanation:

The Ex-dividend measures how much a stock price drops as a result of the disbursement of dividends. It is calculated by subtracting the dividend from the current stock price.

In the above question the IRS require that taxes be withheld at the time that the dividend is paid.

This means that taxes have to be accounted for first before ex - dividend is calculated.

After tax dividend = 5.40 * ( 1 - 0.2)

After tax dividend = $4.32

Solving for Ex-dividend gives,

= 94.00 - 4.32

= $89.68

The ex-dividend price will be $89.68

4 0
3 years ago
Which shock can the fed deal with most effectively?
Sedaia [141]

A major oil shock can the fed deal with most effectively.

It is accompanied by an oil crisis, a sudden rise in oil prices, and often a decline in supply. Since oil is a major source of energy for industrialized countries, the oil crisis can threaten the economic and political stability of the global economy as a whole.

In the aftermath of World War II, there were two major oil crises. Oil exports to the United States, Japan, and Western Europe, which consume more than half of the world's energy, are also banned.

The OPEC decision was in retaliation for Western support for Israel against Egypt and Syria during the Yom Kippur War (1973), and the US dollar (the currency used to sell oil) that caused the dollar to undermine OPEC's export revenues. It was done in response to the sustained decline in the.

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6 0
2 years ago
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