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4 years ago

If a competitive firm can increase its profits by increasing its output, then the firm's:

1 answer:

3 0

If the firm can increase its profit by increasing its output then the firm is not producing at where the marginal cost is equal to the marginal revenue. A profit-maximizing firm in a competitive market will produce its output at the point in which MC=MR.

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As a pensioner A staffing firm provides landscaping services for clients on an ongoing basis. The staffing firm selects and pays

Tatiana [17]

Answer:

Facts of the case:

A client of a staffing company has hired the employees to conduct its business activities. The workers are hired, paid and offered with other benefits by the firm. The firm also supervises the employees and provides necessary inputs to accomplish the job. The client has right to direct the staffing firm workers to perform the task according to their needs. However this right is not frequently exercised by the client.

An employer has an accessibility to hire or procure the human asset in direct or indirect manner in the present case, it the indirect hiring of the employee through staffing firm.

When an employee work for a staffing company, he or she gets paid and provided with a right to complain about the client regarding its manner of possessing clients, unethical contractual salaries etc.

In the present scenario, it not clear whether the employee is hired on contractual basis. If the employees are hired for contractual basis, the staffing firm would be the employer of the workers in the case of terminating them. If the employees were hired for permanent position, then the employees were terminated by the client itself as the client would be the employer of workers.

4 0

3 years ago

Minimum wage started at 25 cents per hour in 1938 and has risen

harina [27]

They can simply ask their boss for a raise or just wait it out and soon enough you’ll get a raise.

8 0

3 years ago

suppose you win the lottery with a jackpot of $30 million. but that's $30 million if you wait 25 years to get your payout. what

vitfil [10]

The value that can be received today is $5,527,475.33 if the interest rate is 7%.

The value that can be received today if the interest rate is 7% can be calculated by using the formula for compound interest. This formula can be given as;

A = P (1 + r/n)^nt

Here, A represents the final amount, P represents the initial balance (which we have to find in this case), r represents the interest rate, n illustrates the number of times interest applied per time period and t represents the number of time periods elapsed.

Now by substituting the given values, we can find the value that can be received today as follows;

A = P (1 + r/n)^nt

30,000,000 = P (1 + 0.07/1)^25×1

30,000,000 = P (1 + 0.07)^25

30,000,000 = P (1.07)^25

P = 30,000,000 ÷ (1.07)^25

P = 5,527,475.33

Therefore, the value that can be received today is calculated to be $5,527,475.33

To learn more about interest rate; click here:

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5 0

1 year ago

What would you say is the key difference between a nft and an art print?.

djverab [1.8K]

NFT art differs from traditional art in that it is entirely digital and can only exist in digital wallets on a specific blockchain. An art print, on the other hand, is an image on paper that does not exist on the digital wallets.

A non-fungible token (NFT) is a non-transferable data unit that may be sold and traded on a blockchain, which is a sort of digital ledger.

Cryptocurrencies and physical money are both "fungible," meaning they may be traded or exchanged for one another.

In fact, anyone can make an NFT and sell it on a marketplace for NFTs.

Thus, NFT is the digital wallets and art print is the non digital wallet

For further details about NFT, click here:

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3 0

2 years ago

Coy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares

Ivan

Answer: $240,000

Explanation:

400,000÷20,000 = $20 per share (repurchase price)

160,000 ÷ 10,000 = $16 per share (sales price)

$400,000 - $160,000 = $240,000

The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.

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4 years ago