Where marginal cost equals marginal effort.
Marginal cost is the additional cost for producing each additional unit, and marginal effort is the additional work per unit
The answer is true. I'm not sure but I hope you get it right.
Answer:
The Today's value of payment occurred for 20 years is $72,039.
Explanation:
Payment of fixed amount for a fixed period of time is called annuity. Present value of annuity will be calculated as follow
PV of annuity = P x [ ( 1- ( 1 + r )^-n ) / r ]
According to given data
P = monthly payment = $6,800 every year
r = interest rate = 7%
n = number of period = 20 years = 20 periods
PV of annuity = $6,800 x [ ( 1- ( 1 + 0.07 )^-20 ) / 0.07 ]
PV of annuity = $72,039.30
Answer:
Option C Smith and Sons
Explanation:
The reason is that the person who lends the money is a lender or creditor, whereas the person who borrows money from the creditor is a debtor or a borrower. In this case, William borrowed money so he is the debtor and the person who lend money to William are Smith and Sons, so Smith & Sons are the creditor in this case.
Answer:
d.cost of wages of assembly worker
Explanation:
The following are not related to cost of producing the cell phone because
a.salary of plant supervisor: Overall supervisors are accountable of various product of the organisation for example the plant might have five outputs with the cell phone being one of them therefore his/her labor costs are not related to a certain product.
b.cost of phone components : Direct labor is related to cost of paying workers in an organisation therefore cost of phone components doesn't have anything to do with people.
c.cost of oil lubricants for factory machinery : explanation is the same as in b
d.cost of wages of assembly worker : the worker the directly linked to the production of the product thus his/her wages are a direct labor cost to the manufacturer.
