Answer:
The correct answer to this question is A) with the addition of 11th worker , the marginal profit ( for 11th worker ) of Rosie's flower shop would be $500.
Explanation:
Marginal profit can be defined as the additional amount of profit that a company earns because of an additional unit that had been produced.
Here we can calculate what marginal profit would be for the 11th worker as-
Workers Selling price Cost price Profit
10 $7500 (500 x $15) $4000 (10 x $400) $3500
11 $8400 (560 x $15) $4400 (11 x $400) $4000
So from the given above information we can say that if we take out the marginal profit for 11th worker it would be $500 ( $4000 - $3500 ).
Answer:
3.09%
Explanation:
Yield to maturity = [C + ((F - P) / n)] / [(F + P) / 2]
Face value = $1,000
C = Coupon or interest payment = $1,000 * 4.6% = $46
P = quoted price = $1,000 * 107% = $1070
n = Years to maturity = 5
Therefore, we have:
Yield to maturity = [46 + ((1,000 - 1,070) / 5)] / [(1,000 + 1,070) / 2] = 0.0309. or 3.09%
Answer:
Broker
Explanation:
A broker can be defined as an individual or a firm that acts as an intermediary between two or more entities undergoing a business exchange, usually a buyer and a seller. They act as intermediary between buyers and sellers to facilitate securities transactions. They are compensated via commissions after the transaction has been successfully completed. In this case, Cosima wants to be asking as an intermediary between the growers and processors in order to facilitate their business exchanges.
