Business, 25.01.2020 05:31 Mypasswordishotdog11

You are the manager of a firm producing green chalk. the marginal product of labor is:
mpl = 24l- 1/2
suppose that the firm is a competitor in the green chalk market. the price of green chalk is $1 per unit. further suppose that the firm is a competitor in the labor market. the wage rate is $12.00 per hour.

given the information, what is the revenue product of labor?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:30

Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric

Answers: 2

Answer

Business, 22.06.2019 15:20

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Answers: 1

Answer

Business, 22.06.2019 17:30

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii

Answers: 2

Answer

Business, 22.06.2019 19:50

What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849

Answers: 3

Answer

You know the right answer?

You are the manager of a firm producing green chalk. the marginal product of labor is:
mpl =...

Questions