Suppose that eight workers can manufacture 70 radios per day and that nine workers can manufacture 90 radios per day. If radios can be sold for $20 each, the value of marginal product of the ninth worker is a. $200. b. 20 radios. c. 90 radios. d. $400.

Answers

Answer 1

Answer:

d. $400.

Explanation:

The computation of the  value of marginal product of the ninth worker is given below:

= (90 radios × $20) - (70 radios × $20)

= $1,800 - $1,400

= $400

Hence, the value of marginal product of the ninth worker is $400

Therefore the option d is correct


Related Questions

Morgan Company sponsors a postretirement health care plan for its employees. At the end of the current year, the expected postretirement benefit obligation (EPBO) relating to a particular employee is $25,000. To date, the employee has completed 10 of her 25 years of total expected service. The APBO at the end of the year relating to this employee is equal to

Answers

Answer:

APBO at end = $10,000

Explanation:

Given:

Expected postretirement benefit = $25,000

Years 10 to 25 years

Missing information:

Discount rate = 6% = 0.06

Find:

APBO at end

Computation :

APBO at end = Expected postretirement benefit[10/25]

APBO at end = 25,000[10/25]

APBO at end = 1,000[10]

APBO at end = $10,000

Both competitive firms and monopolies produce at the level where marginal cost equals marginal revenue. ​Then, other things remaining the​ same, why is price lower in a competitive market than in a​ monopoly? A. Competitive markets face perfectly elastic demand and marginal​ revenue, while monopolies face​ downward-sloping demand and marginal revenue. B. Competitive markets face perfectly inelastic demand and marginal​ revenue, while monopolies face perfectly elastic demand and marginal revenue. C. The government puts a cap on how much a competitive firm can​ charge, while a monopolist can charge any price it chooses. D. A competitive market sets its price where marginal cost equals​ demand, while a monopolist sets its price where marginal cost equals marginal revenue.

Answers

Answer:

A. Competitive markets face perfectly elastic demand and marginal​ revenue, while monopolies face​ downward-sloping demand and marginal revenue.

Explanation:

In the case when competitive firms and monopolies generated at the level in which the marginal cost is equivalent to marginal revenue keeping the other things constant so the price should be less in the competitive market as compared to the monopoly because in the competitive markets it face perfectly elastic demand but in the monopoly it face the down ward sloping demand curve

Therefore the option a is correct

Wedding Photos. Bobby took a number of wedding photos at Jill's wedding. He was paid as the photographer. On all of the photographs, he appropriately noted in the bottom right corner the necessary information showing that he was claiming copyright protection. Jill came to see Bobby three years after the initial photographs were taken and requested that he grant her permission to make as many copies as she wanted at the local photo shop from the pictures that she initially purchased. The photo shop had refused to reproduce the photographs without his permission. When he refused to give her permission to do so, Jill started a heated argument. She told Bobby that photographs are not entitled to copyright protection. She also told him that even if he was correct that there was some copyright protection, she was engaged in fair use, and in any event, damages for copyright infringement are unavailable. If Bobby decides to register the photographs under copyright law, how would he go about doing so

Answers

Answer:

He would register merely by affixing the appropriate symbol at the bottom of the photograph followed by first date of publication and his name.

Explanation:

Wedding Photos. Bobby took a number of wedding photos at Jill's wedding. He was paid as the photographer. On all of the photographs, he appropriately noted in the bottom right corner the necessary information showing that he was claiming copyright protection. Jill came to see Bobby three years after the initial photographs were taken and requested that he grant her permission to make as many copies as she wanted at the local photoshop from the pictures that she initially purchased. Photoshop had refused to reproduce the photographs without his permission. When he refused to give her permission to do so, Jill started a heated argument. She told Bobby that photographs are not entitled to copyright protection. She also told him that even if he was correct that there was some copyright protection, she was engaged in fair use, and in any event, damages for copyright infringement are unavailable. If Bobby decides to register the photographs under copyright law, He would register merely by affixing the appropriate symbol at the bottom of the photograph followed by the first date of publication and his name.

An investor has $150,000 to invest in two types of investments. Type A pays 5% annually and type B pays 6% annually. To have a well-balanced portfolio, the investor imposes the following conditions. At least one-third of the total portfolio is to be allocated to type A investments and at least one-third of the portfolio is to be allocated to type B investments. What is the optimal amount that should be invested in each investment

Answers

Answer:

Investment in A $50,000

Investment in B $100,000

Explanation:

The total amount available for two investments is $150,000. There are two different investment options available. Type A has 5% annual return and Type B has 6% annual return. The objective equation will be;

0.05A + 0.06B [tex]\leq[/tex] 5.5%

One third should be allocated to investment A and investment B.

0.33A + 0.33B [tex]\geq[/tex] 0

The risk factor of investments is assumed to be equal then investment B provides more return than investment A.

Investment in A = $150,000 * 0.334 = $50,000

Investment in B = $150,000 * 0.667 = $100,000

The objectives of the internal control structure for a production cycle are to provide assurance that transactions are properly executed and recorded, and that:
a. independent internal verification of activity reports is established.
b. transfers to finished goods are documented by a completed production report and a quality control report.
c. production orders are pre-numbered and signed by a supervisor.
d. custody of work in process and of finished goods is properly maintained.

Answers

The best Answer is D

Answer:

d. custody of work in process and of finished goods is properly maintained.

A clearinghouse scam involves a victim receiving: a. a letter that claims he or she has inherited a significant amount of money. b. mail from a known party who claims to have access to large sums of money or assets. c. a letter that falsely claims the writer represents a foreign bank. d. an email containing their Social Security number and/or credit information.

Answers

Answer:

c. a letter that falsely claims the writer represents a foreign bank.

Explanation:

A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities

So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank

What is one main objective in the study of economics?
RE
recognizing the types of services available to everyone
O recognizing the relationship between producers and consumers
O recognizing the reasons why consumers supply services
O recognizing the difference between producers and consumers

Answers

Answer:

O Recognizing the relationship between producers and consumers.

Explanation:

Economics is the study of how resources are used by people to produce goods and provide services. This branch of study focuses on the production, distribution, and consumption of goods and services.

While the study of economics can be classed into macroeconomics and microeconomics, one of the main objectives of this study is to determine the relationship between producers and consumers. The focus is on the way people respond to the availability and use of the resources.

Thus, the correct answer is the second option.

At a ski resort located over one hour from the nearest large town, there is only one grocery store and it charges prices more than 200% percent above the typical retail prices. In the long run, we would expect that: Group of answer choices demand will decrease since people will not want to pay the high prices. another store will open that will charge lower prices. another store will open that will charge equally high prices since competition is low. the store will continue to earn high profits even in the long run since the size of the market is small.

Answers

Answer:

another store will open that will charge lower prices.

Explanation:

The only grocery store can be classified as a monopoly.

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

In the long run, if another store opens, the industry would become a duopoly

A duopoly is when there are two firms operating in industry.

The new store would charge lower prices in order to increase its customer base

A company specializes in manufacturing internal combustion engines. Recently, this company has decided to create a division for the flexible fuel field. During this time, Beto, the HR manager, has been reviewing and updating job descriptions. With the knowledge that a new division of jobs will be created, what would be the appropriate course of action for Beto to take next

Answers

Answer:

Beto should consider preparing new job descriptions since new jobs will be created in the organization

Explanation:

In the given scenario the company that specialises on manufacturing internal combustion engines has now decided to go into a new production line - flexible fuel field.

Because the roles are now different from previous jobs in the company Beto will have to prepare new job descriptions to fit the new jobs roles.

It is the responsibility of human resources staff to continuously review job roles and make appropriate changes to job descriptions

A major financial institution hired a renowned security firm to attempt to compromise its computer network. A few days later, the security firm reported that it had successfully entered the financial institution's computer system without being detected. The security firm presented an analysis of the vulnerabilities that had been found to the financial institution. This is an example of a

Answers

Answer:

detective control.

Explanation:

Cyber security can be defined as preventive practice of protecting computers, software programs, electronic devices, networks, servers and data from potential theft, attack, damage, or unauthorized access by using a body of technology, frameworks, processes and network engineers.

IDS is an acronym for intrusion detection system and it can be defined as a security system which is typically used to monitor network traffic and it notifies the engineer when there's a malicious activity.

Generally, the detection methods used by the Intrusion Detection Systems (IDS) are;

1. Statistical anomaly-based detection.

2. Stateful protocol analysis detection.

3. Signature-based detection.

Hence, the operations in this scenario is an example of a detective control which avails a business firm information about vulnerabilities that exist in its network system.

Adrian's Premium Boxing Service subcontracts with a chocolate manufacturer to box premium chocolates for their mail order catalogue business. Adrian rents a small room for $150 a week in the downtown business district that serves as her factory. She can hire workers for $275 a week. During the week of July 4th, Adrian doesn't box any chocolates. What are her costs during the week

Answers

Answer:

b). $ 150

Explanation:

Given that,

Rent of the room per week = $ 150

Cost or workers for the week = $ 275

To find,

Her costs during the week = ?

Procedure:

The costs during the week would be $ 150

because only the fixed costs(factory rent) would be taken into the application as no chocolates were packed that week.

The other costs are the variable costs that will be determined once the production proceeds and calculated once the week is completed. Therefore, option b is the correct answer.

Franchising offers all the following benefits for franchisers except Group of answer choices franchise agreements require a certain standard of behavior from franchisees, which helps protect the franchise name. franchisers can retain control of their name while increasing global penetration of their products. the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties. the franchiser's revenue stream is fairly consistent because franchisees pay fixed fees and royalties. franchisers do not have to put up a large capital investment.

Answers

Answer:

Franchising offers all the following benefits for franchisers except

the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties.

Explanation:

When a franchisor gives a franchisee the authority to do business in the franchiser's trade name, using its business system, it is called franchising.  The franchisee pays a royalty, including an initial franchise fee, to the franchisor in exchange for this right.  In this business arrangement, the franchise right confers on the franchisee the authority to establish branches of the franchising company.

Which of the following communications must be reviewed and approved by a principal before it can be used? A) An internal memo to be sent to registered representatives describing a new sales technique B) Promotional material to be sent only to mutual funds and insurance companies C) A letter to be sent to all customers reminding them of a change in the tax laws D) A letter to be sent this week to 30 existing customers recommending a new service being offered by the firm

Answers

Answer:  I'm thinking C, but I cant find any evidence to help support it all to much. I looked up the answers and everything and no one knows, i'm sorry if I wasn't of any help

Good luck

The communications that must be reviewed and approved by a principal before they can be used are an internal memo to be sent to registered representatives describing a new sales technique, a letter to be sent to all customers and a letter to be sent this week to 30 existing customers recommending a new service. The correct options are a, c, and d.

An internal memo to be sent to registered representatives: Since this letter involves instructing staff members on sales practices, it should be examined and authorized by a principal. All clients are to get a letter informing them of an alteration to the tax laws: A principal should evaluate and approve this letter to make sure that it contains accurate, understandable information that complies with applicable tax regulations.

30 current clients will receive a letter this week proposing a new service the business is offering. A principal should also examine and approve this communication.  Even though it is directed towards a certain consumer segment, it is still crucial for a principal to check it to make sure the information is correct, pertinent, and compliant with the company's marketing and advertising standards.

Learn more about principal, here:

https://brainly.com/question/32310032

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If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jones lost 3.2% of their value. The average value of the 30 blue chip stocks is down by 3.2%. the average of the stocks value of the top 500 companies in the U.S. decreased in value by 3.2% It does not have anything to do with the stock market.

Answers

Answer:

b). The average value of the 30 blue-chip stocks is down by 3.2%.  

Explanation:

'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.

As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, option b is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).

It is April 2018 and Mark is a novice investor who wants to decide between purchasing shares in EagleCorp or Myna Bird Inc. In fiscal year 2017, EagleCorp's return on invested capital (ROIC) was 15 percent, and its cost of capital was 12 percent. During the same period, Myna Bird Inc.'s ROIC was 22 percent and its cost of capital was 25 percent. What does this information tell Mark? Question 1 options: Myna Bird Inc. is more likely to create value while EagleCorp is more likely to destroy value. EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value. Both Myna Bird Inc. and EagleCorp are likely to create value. Neither Myna Bird Inc. nor EagleCorp are likely to create value.

Answers

Answer:

EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value.

It is April 2018 and Mark is a novice investor who wants to decide between purchasing shares in EagleCorp or Myna Bird Inc. In the fiscal year 2017, EagleCorp's return on invested capital (ROIC) was 15 percent, and its cost of capital was 12 percent. During the same period, Myna Bird Inc.'s ROIC was 22 percent and its cost of capital was 25 percent. Here EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value.

A month after your mutual aid agreement is activated for an incident, a participating jurisdiction claims that their responders are suffering from health problems and that is your responsibility to pay for their care. Your first step in this situation should be to: A. Check the Insurance and Liability section of your mutual aid agreement. B. Check the Demobilization section of your mutual aid operational plan. C. Reimburse them. D. Tell them to file a claim with your insurance company.

Answers

Answer:

A. Check the Insurance and Liability section of your mutual aid agreement

Explanation:

Firstly, a mutual aid agreement is a documents that sets the rules or terms under which help or assistance can be provided between two parties, jurisdictions, NGO, etc.

From the above question, it is important that before any step is taken, it is important to check the insurance an liability section of the mutual aid agreement. This will help to ascertain if indeed you are responsible for the healthcare payment of the responders as claimed by the participating jurisdiction.

This helps to clarify who is responsible for the responders.

Cheers

For anything to be considered money it must be Group of answer choices either a commodity or a token, as long as it is generally accepted as a means of payment. a valuable commodity, such as gold. a token, such as a green piece of paper. used in barter transactions

Answers

Answer:

Either a commodity or a token, as long as it is generally accepted as a means of payment.

L.L. Bean, the founder of the company that bears his name, left a company legacy that consists of three fundamental core values: test a product to make sure it delivers what is promised, advertise honestly, and keep customers satisfied at all costs. These three core values serve to guide the __________.

Answers

Answer:somethings

Explanation:

Mr. Smith has an income of $40,000 this year and $60,000 next year. He can invest in a project that costs $30,000 this year, which generates an income of $36,000 next year. The market interest rate is 10% (Mr. Smith can both lend and borrow at this rate). What will be his consumption next year if Mr. Smith invests in the project and consumes $50,000 this year

Answers

Answer:

"$52,000" is the correct answer.

Explanation:

Given:

This year income,

= $40,000

Next year income,

= $60,000

Market interest rate,

= 10%

or,

= 0.1

Now,

The next year consumption will be:

= [tex][40,000 - 30,000 - 50,000]\times 1.1 + (60,000 + 36,000)[/tex]

= [tex]-40,000\times 1.1+96000[/tex]

= [tex]-44000+96000[/tex]

= [tex]52000[/tex] ($)

Angela is nearly nine months pregnant. She has worked for her current employer on a full time basis for the last 8 months, and her company has 60 employees. She would like to take the next nine weeks off from work. Evaluating only under the Family Medical Leave Act, what problems do you see with her expectations

Answers

Answer:

Angela has not worked for her employer long enough to demand leave.

Explanation:

Since angela is approx nine month pregnant and she worked on a full time basis for the last eight month also she wants to take the off for the nine weeks so as per the family medical leave act, the problem that could be seen is that she is not worked for her also the employer is sufficient for demanding the leave

Therefore the above statement should be correct

The nature of the Federal Reserve can best be described as follows: a A blended public-private institution. b The Fed branches and the Board of Governors are private enterprises, but a federal oversight committee in Congress advises the Fed. c A private corporation with no government presence. d The Fed branches are owned by the government, but the Board of Governors are private citizens. e A government agency with no private presence.

Answers

The correct answer is B) The Fed branches and the Board of Governors are private enterprises, but a federal oversight committee in Congress advises the Fed.

The nature of the Federal Reserve can best be described as follows:

The Fed branches and the Board of Governors are private enterprises, but a federal oversight committee in Congress advises the Fed.

The Federal Reserve is the Central Bank within the United States. The role of the Fed is to promote economic growth and stability by enacting monetary policy. The Federal Reserve Act of 1913 established the Federal Reserve system to avoid consumer panic.

The Federal Reserve plays a key role in helping control inflation because it keeps the money supply stable in order to maintain low inflation. Its role in the US economy is very important to maintain a healthy financial and monetary system. The monetary policy of the Fed allows the control and the supply of money to maintain the stability of the economy. This control is very important in order to maintain proper levels of inflation so prices do not increase.

What is Sheil , ????​

Answers

Answer:

1. a pasture or grazing ground. 2. a shepherd's or herdsman's hut or rough shelter on or near a grazing ground. Also: shealing, shiel.

Explanation:

Many people are paid wages "under the table" or in the
form of cash with no taxes deducted. Do you believe
this is an acceptable practice or unethical? Please
defend your answer.

Answers

I find it to be unethical because it would mean that you aren’t covered by anything. Without a documented form of payment that includes taxes, you won’t be protected by insurance, worker’s compensation, or possibly even your rights as a worker.

Sam is the marketing director for StyleHub, a clothing boutique. They opened their brick and mortar store last year, but Sam only published the website a month ago and it isn't receiving much traffic yet. Now, they're ready to focus on SEO and have some resources to dedicate to it. Which three tactics should Sam focus on initially

Answers

Answer:

There are several tactics that can help San increase traffic to her clothing store website. Some of them that he could focus on initially could be:

1- Create a profile on G. My Business, which is a tool that allows your site to be highlighted in the g. search tool when potential consumers are looking for clothes in your region, for example.

2- Create valuable content for your target audience, such as a blog, and spread it on social media, as a way to engage your audience and make them interested in visiting your site.

3- Optimize the website making its resources faster and more accessible, including mobile devices.

An employee sued her employer in federal court for sexual harassment. The jury returned a verdict in favor of the employer. Three months after the verdict, the employee's attorney received an anonymous letter stating that a key document presented at trial by the employer had been altered. The employee moved for relief from judgment, alleging that a document presented by her employer at trial had been altered. Assuming that the employee can show that the alteration was intentional, how should the court rule

Answers

Answer:

Grant the employee's motion, because fraud and misconduct of an adverse party are proper grounds for relief, and she filed within the appropriate time frame.

Explanation:

An employee sued her employer in federal court for sexual harassment. The jury returned a verdict in favor of the employer. Three months after the verdict, the employee's attorney received an anonymous letter stating that a key document presented at trial by the employer had been altered. The employee moved for relief from judgment, alleging that a document presented by her employer at trial had been altered. Grant the employee's motion, because fraud and misconduct of an adverse party are proper grounds for relief, and she filed within the appropriate time frame.

Richard agrees to supply Henry with all his needs of specially made shampoo for Henry's beauty salon. Henry believes that Richard is a representative of a famous hair products company, but he finds a letter to a competitor written by Richard two days before the agreement is signed proving that Richard is a fraud. Richard says that this letter may not be admitted to court since the contract is wholly integrated. Is he correct?

Answers

Answer: No. Richard is wrong as the letter may be admitted to court.

Explanation:

Based on the information given, Richard is wrong as the letter may be admitted to court.

It should be noted that prior evidence as well as contemporary evidence is excludable, but only in a situation whereby it alters the contract terms. In this case, the evidence is admitted in order to prove that Richard is fraudulent in the inducement.

Suppose Nippon Technology had the following results related to cash flows for 2020: Net Income of $8,400,000 Adjustments from Operating Activities of -$1,300,000 Net Cash Flow from Investing Activities of -$1,300,000 Net Cash Flow from Financing Activities of $4,000,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow

Answers

Answer:

$9,800,000

Explanation:

                Statement of Cash Flows (Indirect Method)

Particulars                                                                           Amount

Net income                                                                      $8,400,000

Add: Adjustment for operating activities                      -$1,300,000

Net cash flow from Operating Activities (I)                    $7,100,000

Add: Net Cash Flow from Investing Activities (II)         -$1,300,000

Add: Net Cash Flow from Financing Activities (III)        $4,000,000

Net Cash Flow (I+II+III)                                                   $9,800,000

Which of the following is NOT a result of good customer service?
There is less employee turnover.
Customers will want to come in.
Employees will take less pride in their job.
Public perception is higher.

Answers

Answer:

Employees will take less pride in their job.

Explanation:

Customer relationship management (CRM) typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, CRM is a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

A good customer service involves providing a timely, upbeat, and quality level of service, as well as attentive feedbacks to the customers that patronizes an organization. Thus, it ensures that the needs or wants of the customers are attended to in a matter that reflects positively on an organization.

This ultimately implies that, employees taking less pride in their job is not a result of good customer service because they are groomed to enjoy proffering solutions to the buying-selling related problems faced by a customer, especially those that are within their capacity to solve.

Michelle is attending a university where tuition for one year costs $17,300. She has a scholarship worth $5,000 per year. She earns $2,700 per year at her part-time job. She plans to take out a loan to cover the remaining tuition costs. Tuition will increase by $500 each year. If she completes college in 4 years, how much money will Michelle need to borrow

Answers

Answer:

$41,400

Explanation:

Tuition will increase by $500 each year

Year 1 tuition = $17,300

Year 2 tuition = $17,800

Year 3 tuition = $18,300

Year 4 tuition = $18,800

Total = $72,200

Scholarship per year = $5000

Total scholarship for 4 years = 4 * $5000

= $20,000

Earnings per year = $2,700

Total earnings for four years = 4 * $2,700

= $10,800

She plans to take out a loan to cover the remaining tuition costs

Loan = Total tuition - (Total scholarship for 4 years + Total earnings for four years)

= $72,200 - ( $20,000 + $10,800)

= 72,200 - (30,800)

= 72,200 - 30,800

= 41,400

Loan = $41,400

Michelle need to borrow $41,400

Explain in each of the following situations how market forces might give a business an incentive to act in a less discriminatory fashion. A local flower delivery business run by a bigoted White owner notices that many of its local customers are Black. An assembly line has traditionally only hired men, but it is having a hard time hiring sufficiently qualified workers. A biased owner of a firm that provides home health care services would like to pay lower wages to Hispanic workers than to other employees.

Answers

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