Answer:
if your uncle is maximizing his profit, the value of the marginal product of the last worker he hired will be $12 while that of worker's marginal product will be $2 sandwiches per hour.
Explanation:
Marginal Revenue Product can be seen as the way in which additional revenue is been generated by additional workers.
Price =$6
Wage = $12
Since your enterprising uncle is hiring workers such that their wage is been equals the marginal revenue product.
Hence,
wage = Marginal revenue product
12 = 12
In a situation where the marginal revenue product is 12 then the marginal product will be:
Marginal Revenue Product = Price x MP
MP = Marginal Revenue Product / Price
MP = 12 / 6
MP = 2
Therefore if your uncle is maximizing his profit, the value of the marginal product of the last worker he hired will be $12 while that of worker's marginal product will be $2 sandwiches per hour.
Answer:
e. 13.50%
Explanation:
WACC 11.00%
Year 0 1 2 3
Cash flows $800 $350 $350 $350
Compounded-
values, FVs $431.24 $388.50 $350.00
TV = Sum of compounded inflows: $1,169.74
MIRR = 13.50% Found as discount rate that equates PV of TV to cost, discounted back 3 years @ WACCMIRR= 13.50%.
unemployment rate increases
Answer: Option B.
<u>Explanation:</u>
Unemployment is the situation when a person is able to work and he is also willing to work at the rate of the wage that is prevailing at that particular period of time but is still not able to find work.
Since Diane is ready to work at the wage rate that is in the market at that time and she is looking for job but still she could not find any job till now, so the rate of the unemployment will increase.
A- Focus Groups. You gotta know how the customers feel
Answer and Explanation:
a) rent income from sarah's vacation house will not affect her AGI, because according to rules if vacation house is used fewer than 15 days, in that case it is treated as a personal house and its expenses and income have not effect on the AGI. only the mortgage interest and property yax will be deducted from AGI.
b) only the mortgage interest and property yax will be deducted from AGI. other expenses are non-deductible from AGI because these are treated as personal expenses.
