MPL implies the extra output level, that is being produced by hiring an additional unit of labor.
So when the 16th worker is hired, the output level rises by = (340-325)
= 15 units.
In science education, a word problem is a mathematical exercise (including in a textbook, worksheet, or exam) wherein sizeable background statistics on the problem is offered in everyday language as opposed to in mathematical notation. As most phrase issues contain a narrative of a few sorts, they may be every now and then referred to as story issues and might range in the amount of technical language used.
To clear up trouble like this by algebra, one interprets the phrases into a gadget of equations, expressing the usage of mathematical variables and operations. For this problem, it's far more convenient to work out the solution first in minutes, and then convert it to hours.
Learn more about word problems here: brainly.com/question/1781657
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Answer:
The amount of Joanna's gross income from these items is $60,000.
Explanation:
Gross income = $60,000
Only the compensation from her employee should be considered here. Since the stock is not sold, its appreciation has no value.
A life insurance proceeds is a tax-free item, therefore not to be included in gross income.
Therefore, The amount of Joanna's gross income from these items is $60,000.
Business formation is also known as: a business attraction
Answer:
8.31 years
Explanation:
For this question, we have to calculate the number of years by applying the NPER formula which is attached in the attachment below:
Given that,
Present value = $800
Future value = $1,200
Rate of interest = 5%
PMT = $0
The formula is shown below:
= NPER(Rate,PMT,PV,-FV,type)
The present value come in negative
So, after solving this, the answer is 8.31 years
Answer:
The gross margin is $24,200
Explanation:
The computation of the gross margin is shown below:
As we know that
Gross margin is
= Sales - cost of goods sold
= $57,000 - $32,800
= $24,200
We simply deduct the cost of goods sold from the sales so that the gross margin could come
hence, the gross margin is $24,200
We simply applied the above formula
