Considering that labor is the only variable input and an
additional input increases from 72 to 80 units with the product costs of $6 per
unit in a purely competitive market, then the mrp of the additional worker is
$48.
Solution: (80 x $6) – (72 x $6) = $48
Answer:
company's total liabilities is
accounts payable + accrued expenses + short-term notes payable = 15000
Under what circumstances might they change their portfolios, moving their funds out of bonds into bank accounts? In general, people place their funds in those investments which provide them the highest returns.
Answer:
C. households, firms, and the government.
Explanation:
In the actual economy, goods and services are purchased by households, firms, and the government.
Answer:
If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.
