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2 years ago

14

Each individual firm will maximize its profits or minimize losses by hiring a specific type of labor up to the point where the m

arginal revenue product is ______ marginal resource cost.

1 answer:

Talja [164]2 years ago

4 0

Answer:

equal is the correct answer.

Explanation:

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Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a li

Artyom0805 [142]

An organization in which all accomplices are constrained accomplices is a limited liability partnership(LLP). It along these lines shows components of associations and companies. In a LLP, one accomplice is not dependable or obligated for another accomplice's offense or carelessness. Joe would not be subject if another accomplice were to commit an error. The answer is the 4th one.

6 0

2 years ago

Read 2 more answers

Which information would most likely cause a company's stock price to go up?

Andrei [34K]

Answer:

A

Explanation:

consumers reduce spending because of a recession

8 0

3 years ago

BE22-4 Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,0

anzhelika [568]

Answer:

$\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]$

Explanation:

We multiply the variable component for each relevant range.

Then for the fixed cost, we post the total.

Notice it is given for 1,200,000 units

so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month

Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month

5 0

3 years ago

Consider a second-price, sealed-bid auction with a seller who has one unit of the object which he values at s and two buyers 1,

dybincka [34]

Answer and Explanation:

Given that this is a second price bid auction whereby the second highest bid is the price that the highest bidder pays for the item up for auction sale, so that b1>b2 then b1 gets item for the price of b2.

Truthfulness of true value is the dominant strategy here which means each player should aim to be truthful with their bid regarding their true value regardless of what other bidders are bidding. Therefore truthfulness of value is the optimal strategy with the best payoff for bidders

5 0

3 years ago

He allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $640 of accou

dsp73

Answer: <u><em>The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of: $750</em></u>

Given:

Accounts receivable = $640

Allowance for Doubtful Accounts = $110

<em><u></u></em>

<em><u>Therefore, the correct option is (c).</u></em>

4 0

3 years ago