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2 years ago

If the price of output falls from $5 to $2, the value of the marginal product of labor of all workers:

Business

1 answer:

kicyunya [14]2 years ago

3 0

When price declines, the value of marginal product of labor of all workers decreases.

Marginal product of labor is the change in output when labor employed in changed by one unit. For example, if total output of labor is 10 units when only one unit of labor is employed and 20 when two units of labour is employed. Price is $1. The marginal product of labor is $10 $1(20 - 10).

An increase in the price of output increases the marginal product of labor and a decline in the price of output decreases the marginal product of labor.

Please find attached the complete question. To learn more about the marginal product of labor, please check: brainly.com/question/17009411

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Who is responsible for payment of self-employment tax on fees received by a professional fiduciary?

zlopas [31]

<span>If a person is self employed, they are responsible for paying their own taxes. There are tables available on line to calculate the amounts. They should be paid no less than quarterly. If the income is significant, an account should be set up, or they should be paid more frequently. There are fees for late payments.</span>

8 0

3 years ago

If you wish to accumulate $125,000 in 7 years, how much must you deposit today in an account that pays a quoted annual interest

elixir [45]

Answer:

You need to deposit $58,481.53 today.

Explanation:

a) Data and Calculations:

Future value expected = $125,000

Period of investment = 7 years

Interest rate = 11% compounded quarterly

The amount of deposit needed today to earn $125,000 in 7 years at annual interest rate of 11% is calculated as follows:

N (# of periods) 28

I/Y (Interest per year) 11

PMT (Periodic Payment) 0

FV (Future Value) 125000

Results

PV = $58,481.53

Total Interest $66,518.47

7 0

2 years ago

A Las Vegas hotel wants to provide a better experience for its rapidly growing customer base from China. The hotel can best do t

Ainat [17]

Answer:

Explanation:

7 0

2 years ago

Suppose that there are two independent economic factors, F1 and F2. The risk-free rate is 3%, and all stocks have independent fi

yarga [219]

Answer:

Rp = 3% + BP1 * 10.42% + BP2 * 6.1%

Explanation:

Portfolio A:

R_p = R_f + Beta1*Factor1 + Beta2*Factor2

32% = 3% + 1.6*F1 + 2*F2

Portfolio B

29% = 3% + 2.6*F1 - 0.2*F2

Solvig the equatios

3% = -F1 + 2.2*F2

F1 = 2.2F2 - 3%

F1 = 2.2F2 - 0.03

Substituting

29% = 3% + 2.6*(2.2F2 - 0.03) - 0.2F2

29% = 3% + 5.72F2 - 0.078 - 0.2F2

5.52F2 = 29% - 3% +0.078

5.52F2 = 0.26 +0.078

5.52F2= 0.338

F2 = 0.338/5.52 = 0.061

F1 = 2.2F2 - 0.03 = 2.2(0.061) - 0.03

= 0.1042

The return Beta relationship in this economy Rp = 3% + BP1 * 10.42% + BP2 * 6.1%

3 0

2 years ago

Suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 2.20%. What rate of retu

muminat

Answer:

1.27%

Explanation:

Rate of return = [(1+real risk free rate)/(1+inflation rate)]-1

real risk free rate = 3.5%

inflation rate = 2.20%

Therefore Rate of return = [(1+ 3.5%)/(1+2.20%)]-1

=1.27%

5 0

3 years ago