Consider a production function that only uses labor as its variable input, and all other inputs are fixed. Within this procution, it is optimal to hire labor units in the short run as long as:______.
1) value marginal product of labor is greater than wage.
2) marginal product of labor is less than product price.
3) average product of labor is greater than wage.
4) value marginal product of labor is less than product price.

Answers

Answer 1

Answer:

1) value marginal product of labor is greater than wage.

Explanation:

In the case when the labor is considered to be the variable input while the other inputs are considered to be fixed

So, the equation would be

VMPL = MPL x Output price

where,

VMPL = Function of labor demand

And, in the short run, the hiring is the optimum as bigger as VMPL as it is more than or equivalent to the wage rate

Therefore the correct option is 1.


Related Questions

Bayer Company uses the periodic inventory system. Bayer Company sold goods on account with a retail price of $800 and a cost of $500. What journal entries are prepared?
A. debit Accounts Receivable for $ 500 and credit Sales Revenue for $ 500 .
B. debit Inventory for $ 500 and credit Purchases for $ 500 .
C. debit Accounts Receivable for $ 800 and credit Sales Revenue for $ 800 ​, debit Cost of Goods Sold for $ 500 and credit Inventory for $ 500 .
D. debit Accounts Receivable for $ 800 and credit Sales Revenue for $ 800 .

Answers

Answer:

c.

Explanation:

Suppose the interest rate on your car loan is 19.00% and the inflation rate is 18.00%. Calculate the real interest rate

Answers

Answer:

1%

Explanation:

The real interest rate is the interest rate adjusted for inflation. It is the rate after accounting for inflation. The real interest rate is the difference between the inflation rate from the quoted(nominal )interest rate.

real interest rate = quoted interest rate - inflation rate

=19% - 18%

=1%

You are depositing $1,500 in a retirement account today and expect to earn an average return of 6.5 percent on this money. How much additional income will you earn if you leave the money invested for 50 years instead of just 40 years?

Answers

Answer:

$16,335.90622

Explanation:

The computation of the additional income earned is shown below:

For 40 years

Future value = Present value × (1 + rate of interest)^number of years

= $1,500 × (1 + 0.065)^40

= $18,624.1118

For 50 years

Future value = Present value × (1 + rate of interest)^number of years

= $1,500 × (1 + 0.065)^50

= $34,960.01802

Now the additional amount is

= $34,960.01802 - $18,624.1118

= $16,335.90622

The threat of lawsuits has caused some drug companies not to manufacture certain types of vaccines. What type of risk management option is being practiced?

Answers

Answer:

C) Avoiding the risk

type of risk management option is being practiced.

Explanation:

Risk management is the method of recognizing, evaluating, and managing threats to an organization's resources and incomes. These signals, or uncertainties, could originate from a wide category of causes, including financial contingency, legal responsibilities, strategic administration mistakes, disasters, and natural disasters.

If the Fed has an interest-rate target, meaning they want to control the interest rate at a specific rate such as 4%, why will an increase in the demand for reserves lead to a rise in the money supply?

Answers

Answer:

A rise in demand for reserves will shift the demand for reserves curve to the right which will cause a rise in interest rates. The Fed will then have to act to reduce this interest rate because they would prefer that it remained at the specific rate as mentioned.

To do this they will embark on Open Market Operations aimed at increasing money supply as this will reduce interest rates by increasing the supply of reserves because it will shift the supply curve for reserves to the right. The new equilibrium will be a lower interest rate.

The relevant Open Market Operation will be the buying of bonds from the public.

If You-Will-Never-Pay-It-Off Loan Company lends you $50 on Monday, and you have to pay $60 after a week, what nominal rate of interest (APR) are they charging

Answers

Answer:

the annual percentage rate is 1040%

Explanation:

The computation of the nominal rate of interest is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years  

$60 = $50 × (1 + rate of interest)^1

1 + rate of interest = ($60 ÷ $50)

rate of interest is

= (1.2- 1 ) × 100

= 20%

Now the annual percentage rate is

= 20% × 52

= 1040%

hence, the annual percentage rate is 1040%

How can parties that have unequal bargaining power negotiate meaningfully,
without one party taking advantage of the other?

Answers

Answer:

Through Collaborative bargaining

Explanation:

Parties that have an unequal bargaining power can negotiate meaningfully, without one party taking advantage of the other through the method known as collaborative bargaining. In collaborative bargaining, both the involved parties listen to each other’s claims and issues and then collaborate to come to a consensus. There is transparency in the overall bargaining process and hence there is very less probability that one party is taking advantage of the other party.

You purchase a $325,000 town home and you pay 25% down. You obtain a 30-year fixed-rate mortgage with an annual interest rate of 5.75%. After 5 years you refinance the mortgage for 25 years at a 5.1% annual interest rate. After you refinance, what is the new monthly payment (to the nearest dollar)?
A. $1,422
B. $1,401
C. $1,366
D. $1,335
E. $1,296

Answers

Answer:

Option D ($1335) is the right answer.

Explanation:

Step 1:

[tex]PV=325000\times (1-25 \ percent)\\[/tex]

[tex]N=30\times 12\\[/tex]

[tex]\frac{I}{Y} =\frac{5.75 \ percent}{12} \\[/tex]

[tex]FV=0\\[/tex]

[tex]CPT \ PMT=$1,422.46\\[/tex]

Step 2:

[tex]PMT=1422.46[/tex]

[tex]PV=-325000\timse (1-25 \ percent)[/tex]

[tex]\frac{I}{Y} =\frac{5.75 \ percent}{12}[/tex]

[tex]N=12\times 5[/tex]

[tex]CPT \ FV=$226,107.75[/tex]

Step 3:

[tex]PV=-226107.75[/tex]

[tex]\frac{I}{Y} =\frac{5.1 \ percent}{12}[/tex]

[tex]N=12\times 25[/tex]

[tex]FV=0[/tex]

[tex]CPT \ PMT=$1,335.01[/tex]

The other options offered aren't really relevant to the scenario presented. So, the solution here is just the right one.

Which approach is a positive way to deal with conflicts?

Answers

Answer:

trying to evaluate the situation from all diff perspectives

The interest yields on U.S. Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate the simple and annualized yields for the​ 3-month and​ 6-month Tresury bills auctioned on March​ 9, 2009, listed here.

3-Months T-bills 6- Months T- bills
Treasury bill, face value $10,000 $10,000
Price at sale 9993.93 9976.74
Discount 6.07 23.07

Answers

Answer and Explanation:

The computation is shown below:

For three months

Simple yield is

= Discount ÷ Price at sale

= 6.07 ÷ 9993.93

= 0.0607%

And, the annualized yield is

= 0.0607% ÷ 3 × 12

= 0.2428%

For 6 months

= Discount ÷ Price at sale

= 23.07 ÷ 9976.74

= 0.2312%

And, the annualized yield is

= 0.2312% ÷ 6 × 12

= 0.4625%

The year-end financial statements of Rally Company for the current year, report total revenues of $19,829 million, accounts receivable of $1,272 million at the current year-end, and $1,19 million for the prior year-end. The company's accounts receivable turnover for the year is:_______.
a. 18.3 times.
b. 18.9 times.
c. 19.5 times.
d. 20.0 times.
e. none of these are correct.

Answers

Answer:

16.1 times

Explanation:

Calculation for the company's accounts receivable turnover for the year

Using this formula

Accounts Recievable Turnover = Total Revenues/Average accounts receivables

Let plug in the formula

Accounts Receivable Turnover = $19,829/[($1,272+$1,198)/2]

Accounts Receivable Turnover =$19,829/$1,235

Accounts Receivable Turnover = 16.1 times

Therefore The company's accounts receivable turnover for the year is: 16.1 times

The only business that is directly protected by the U.S. Constitution (in the First Amendment) is:_______

a. interest group lobbying.
b. health care.
c. polling.
d. the press (the news media).
e. software development.

Answers

Answer:

d. the press (the news media).

Explanation:

The only business protected by the First Amendment is the press (the news media). The other aspects protected by the First Amendments are human rights and not a business. The press is protected because they serve as countrywide investigators to uncover the truth and inform the people, this also includes the truth of any government actions, scandals, or secrets being held from the public eye. This is because in a democracy the government is accountable for the people and not the other way around.

The Aggie Company has EBIT of $50,000 and market value debt of $100,000 outstanding with a 9% coupon rate. The cost of equity for an all equity firm would be 14%. Aggie has a 35% corporate tax rate. Investors face a 20% tax rate on debt receipts and a 15% rate on equity. Determine the value of Aggie.
A) $120,000
B) $162,948
C) $258,537
D) $263,080
E) $332,143

Answers

Answer:

D) $263,080

Explanation:

Calculation to Determine the value

First step is to calculate the Unlevered firm amount

Unlevered firm = [$50,000 (.65)]/ .14

Unlevered firm= $232,142.86

Second Step is to calculate leverage tax shield value using this formula

Leverage tax shield value = [1 - ((1 - .35)(1 - .15)/1 - .20))]*$100,000

Leverage tax shield value = $30,937.50

Last step is to calculate the value

Using this formula

Total value=Unlevered firm+Leverage tax shield value

Let plug in the formula

Total Value = $232,142.86 + $30,937.50

Total Value = $263,080

Therefore the value will be $263,080

56 Points & BRAINLIEST Which of the following can be created between two tables which share a common field?
O Field report
O Relationship
O Datasheet
O Connections

Answers

i think the third option but i think its wrong i am unsure and i dont want to say thhe wrong thing

05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:​

Answers

Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.

Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.

Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.

Choosing the right projects

How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.

Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.

Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.

$10,000 of profit from a sole proprietorship in 2020. If he also has $140,000 of salary income, how much self-employment tax will he owe

Answers

Answer:

268 dollars

Explanation:

Profit made by this sole proprietor = 10000

Salary income = 140000

The question needs us to calculate the self employment tax that he owes

This tax is about 2.9% of 92.35% of his income. His salary is already more than social security maximum of 128,700.

The, self-employment tax would be = 10,000 x 92.35% x 2.9%

= 267.815

When approximated

= $268

Companies seeking good PR may host a(n) _____ to highlight new hires, new facilities, or community service projects. Group of answer choices

Answers

Answer:

press conference

Explanation:

press conference which is an interview by journalist to a company or particular personel bto answer some questions on some of their products is essential in business.

It should be noted that Companies seeking good PR may host a press conference to highlight new hires, new facilities, or community service projects.

How does globalization affect competition?
It increases competition.
It doesn't affect competition.
It supports the local culture.
lt decreases competition.

Answers

Answer: it increases competition

Explanation:

Just took a test with that question

It increases competition does globalization affect competition. Hence, option A is correct.

What is globalization?

The process of greater connectedness and interdependence due to trade and technology is referred to as "globalization." The ensuing societal and economic changes are also covered by the definition of globalization.

Globalization is the acceleration of international exchanges and movements of people, things, and services, money, technologies, or cultural norms. One of the effects of globalization is to promote and encourage relationships between different communities and places around the world.

Free trade agreements like the Trans-Pacific Partnership and the North American Free Trade Agreement serve as prime examples of economic globalization.

Thus, option A is correct.

For more information about globalization, click here:

https://brainly.com/question/15283031

#SPJ2

According to the rational-actor model, as the benefits of an activity rise a. we should observe fewer people undertaking the activity, because when benefits rise, costs usually rise by more. b. we should observe more people undertaking the activity. c. it is hard to predict how people will react, because some people are often irrational. d. the costs will rise too. e. none of the above

Answers

Answer: b.we should observe more people undertaking the activity

Explanation:

The rational actor model follows the theory of rational choice which believes that the behavior of individual actors make up the social behavior on the society and that the individual actors are all making their own individual decisions.

It should be noted that when there's an increase in the benefits of an activity, this will lead to more people enjoying the benefit as there will be more players.

Therefore, the correct option is B

1.Provide definitions of throughput, inventory and operational expense given in The Goal. How do they compare with traditional definitions

Answers

Answer:

The Goal:

This involves increasing net profit and as this is done, return on investment is increased and cash flow is also increased.

Throughput can be defined as the rate by which money is being generated by the system through sales.

Inventory is all amount of money that is currently in the system. It is all the amount of money that has been invested in buying things which the system has intentions of selling.

Operational expense is all amount of money that has been spent by the system in trying to turn inventory into throughput.

Compared to traditional definitions they are almost basically with the same meaning.

AJAX Inc. has subsidiaries in Vietnam, Bangladesh, and China. AJAX pays an annual insurance premium to OPIC (the Overseas Private Investment Corporation). AJAX is probably protecting itself from _____.
a. natural disasters overseas.
b. financial instability.
c. unfair competition.
d. nationalization.

Answers

Answer:

The correct answer is the option B: Financial instability.

Explanation:

To begin with, the "Overseas Private Investment Corporation" or OPIC was the name given to a financial institution of the United States Government who main purpose was to help solve problems according to financial matters of companies who were going abroad to establish work and capital. Therefore that this institution was created with the objective of impulsing the United States' foreign policies. That is why that if AJAX pays an annual insurance premium to OPIC is because its trying to protect itself from financial instability that could bring the fact of going overseas to work, which in case that happens the OPIC will help them to resolve that situation

In 2019, Waterway Industries sold 3000 units at $250 each. Variable expenses were $165 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2020. If Waterway cuts selling price by 4%, what is Waterway's break-even point in units for 2020?
a) 9559
b) 9176.
c) 10000.
d) 10400.

Answers

Answer:

d) 10400.

Explanation:

The computation of the break even point in units is shown below:

Break even point in units is

= Fixed cost ÷ contribution margin per unit

= $780,000 ÷ ($250 × 96% - $165)

= $780,000 ÷ ($240 - $165)

= $780,000 ÷ $75

= 10,400 units

hence, the correct option is d. 10,400 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

How much can be accumulated for retirement if $2,000 is put aside at the end of each of the next 40 years

Answers

Answer:

the last part of the question is missing:

Assume that you can earn 9% a year on your savings.

you need to determine the future value of an ordinary annuity:

future value = annual contribution x FV annuity factor

annual contribution = $2,000FV annuity factor, 9%, 40 periods = 337.882

future value = $2,000 x 337.882 = $675,764

Why does the adoption of new technology tend to increase supply?

Answers

Answer:

New technology allows firms to produce at a lower cost. As a result, as firms adopt a new technology, their cost curves shift downward. Market supply increases, and the market supply curve shifts rightward. With a given demand, the quantity produced increases and the price falls.

The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $ 11,400 12 % Quarterly Elaine 14,400 6 Semiannually George 21,400 8 Annually Kramer 17,400 10 Annually Required: 1-a. Calculate the future value at the end of five years

Answers

Answer:

Jerry

$20,589.67

Elaine

$19,352.40

George

$31,443.62

Kramer

$28,022.87

Explanation:

Use following formula to calculate the future value

FV = PV ( 1 + r )^n

Where

PV  = Present value = Investment

FV = Future value = ?

r = interest rate per compounding period

n= numbers of compounding periods

Jerry

PV = $11,400

r = 12% x 3/12 = 3%

n = 5 years x 12/4 = 20 periods

Placing values in the formula

FV = $11,400 x ( 1 + 3% )^20

FV = $20,589.67

Elaine

PV = $14,400

r = 6% x 6/12 = 3%

n = 5 years x 12/6 = 10 periods

Placing values in the formula

FV = $14,400 x ( 1 + 3% )^10

FV = $19,352.40

George

PV = $21,400

r = 8%

n = 5 years

Placing values in the formula

FV = $21,400 x ( 1 + 8% )^5

FV = $31,443.62

Kramer

17,400 10 Annually

PV = $17,400

r = 10%

n = 5 years

Placing values in the formula

FV = $17,400 x ( 1 + 10% )^5

FV = $28,022.87

The future values of the investments are computed as follows:

              Invested Amount   Interest Rate    Compounding    Future Value

Jerry               $ 11,400             12%                Quarterly            $20,589.67

Elaine               14,400               6%                Semiannually     $19,352.40

George            21,400               8%                Annually             $31,443.62

Kramer             17,400             10%                 Annually            $28,022.87

Data and Calculations:

Jerry:

N (# of periods) = 20 (5 x 4)

I/Y (Interest per year) = 12%

PV (Present Value) = $11,400

PMT (Periodic Payment) = 0

Results

Future Value = $20,589.67

Total Interest $9,189.6

Elaine:

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 6%

PV (Present Value) = $14,400

PMT (Periodic Payment) = 0

 

Results

Future Value = $19,352.40

Total Interest = $4,952.40

George:

N (# of periods) = 5 years

I/Y (Interest per year) = 8%

PV (Present Value) = $21,400

PMT (Periodic Payment) = 0

Results

Future Value = $31,443.62

Total Interest = $10,043.62

Kramer:

N (# of periods) = 5 years

I/Y (Interest per year) = 10%

PV (Present Value) = $17,400

PMT (Periodic Payment) = 0

 

Results

Future Value = $28,022.87

Total Interest = $10,622.87

Learn more: https://brainly.com/question/24703884

When Patricia sells her Apple stock at the same time that Brian purchases the same amount of Apple stock, Apple receives:_____________.
a. nothing.
b. only the market value of the common stock.
c. the dollar value of the transaction.
d. the dollar amount of the transaction, less brokerage fees.

Answers

Answer:

When Patricia sells her Apple stock at the same time that Brian purchases the same amount of Apple stock, Apple receives:_____________.

a. nothing.

Explanation:

The activities of investors on the Stock Exchange market do not affect the corporation, whose stocks are being traded.  The corporation does not get any money nor does it incur any cost.  Patricia may get a capital gain from the sale and not the corporation.  When Brian purchases Apple stock it is purchased from another investor and not directly from the corporation unless it is an initial public offer.

Kitchel told Parker that he needed a couple of weeks to think about his proposal. How should Parker handle this

Answers

Answer: Parker should close the deal quickly

Explanation:

Giving Kitchel so much time to go over the proposal is not ideal because in that time events could happen that would ensure Kitchel stayed with their current supplier such as the current supplier finding out and offering better terms thereby enticing Kitchel to stay.

It is imperative therefore that Parker close the deal as quickly as possible. He can do this by offering time conscious incentives that require that Kitchel order fast, he could even go meet Kitchel in person and press his claim and even hit hard at the weakness of Richmond's current supplier by stating that he would deliver things ahead of schedule.

Under the provisions of the Investment Advisers Act of 1940, if an adviser takes custody of customer funds or securities, account statements MUST be sent to the customer:

Answers

Answer:

Quarterly

Explanation:

According to the provisions of the Investment Advisers Act of 1940, in the case when an advisor takes the customer custody in term of funds or securities so the account statement must be sent to the customer on the a quarterly basis i.e. four times in a year. Here four times means every three months

therefore as per the given situation, the quarterly is the answer

QUESTION 22 In a competitive market, A. no single buyer or seller can influence the price of the product. B. there are only a small number of sellers. C. the goods offered by the different sellers are unique. D. accounting profit is driven to zero as firms freely enter and exit the market.

Answers

Answer:

A

Explanation:

In a competitive market there are no single buyer or seller that can influence the price of the product.

Such a market has numerous producers who compete with each other to provide goods and services. Not one producer can influence the market prices by increasing his output or by decreasing it.

Same goes for the consumer. One consumer can not influence the prices either.

If a landowner purchased a vacant lot six years ago for $25,000, assuming no income or holding costs during the interim period, what price would the landowner need to receive today to yield a 10% annual return on the land investment?
a. $40,262.75.
b. $41,132.72.
c. $44,289.03.
d. $64,843.563.

Answers

Answer:

c. $44,289.03

Explanation:

Given that: present value = $25000, rate = 10%, n = 6 years. Then the future value can be determined by:

FV = PV[tex](1+r)^{n}[/tex]

where: FV is the future value, PV is the present value, r is the rate and n is the number of years.

So that:

FV = 25000[tex](1 + 0.1)^{6}[/tex]

    = 25000[tex](1.1)^{6}[/tex]

    = 25000 x 1.771561

    = 44289.025

FV = 44289.03

The price that the landowner would receive today is $44,289.03.

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