Suppose that hiring a third worker at the campus coffee shop increases output from $135 per hour to $190 per hour. What is the marginal product of labor per hour from adding that third worker

Answers

Answer 1

Based on the information given the marginal product of labor per hour from adding that third worker is $55 per hour.

Using this formula

Marginal product of labor per hour  

=Change in sales/ Change in number of workers

Where:

Change in sales=($190 per hour-$135 per hour)

Change in number of workers=1

Let plug in the formula

Marginal product of labor=($190-$135)/1

Marginal product of labor=$55/1

Marginal product of labor =$55 per hour

Inconclusion the marginal product of labor per hour from adding that third worker is $55 per hour.

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Related Questions

Information accessibility focuses on ________.

a. defining what information a person or organization has the right to obtain about others.
b. information that has been encrypted by the owner to make it unaccessible to others
c. who owns information about individuals and how information can be sold and exchanged
d. what information an individual should have to reveal to others in the workplace
e. identifying who is responsible for informational errors that harm people

Answers

Answer:

A) Defining what information a person or organization has the right to obtain about others.

How do I build a successful Uber company?

Answers

Answer:

Don't know

Explanation:

the answer sorry friend

of products found in each category.



Select the most appropriate category for each good or service listed.



1. Appliances

multiple choice 1
convenience
shopping
specialty
unsought

2. Automobile battery jumpstart services

multiple choice 2
convenience
shopping
specialty
unsought

3. Cemetery plots

multiple choice 3
convenience
shopping
specialty
unsought

4. Clothes

multiple choice 4
convenience
shopping
specialty
unsought

5. Expensive wine

multiple choice 5
convenience
shopping
specialty
unsought

6. Gas

multiple choice 6
convenience
shopping
specialty
unsought

7. Jewelry

multiple choice 7
convenience
shopping
specialty
unsought

8. Milk

multiple choice 8
convenience
shopping
specialty
unsought

Answers

The question examines categories of items. The following items are placed in the right categories as shown below.

1. Appliances: shopping

2. Automobile battery jumpstart services: specialty

3. Cemetery plots: specialty

4. Clothes: shopping

5. Expensive wine: specialty

6. Gas: shopping

7. Jewelry: specialty

8. Milk: shopping.

What are Speciality goods?

Specialty goods are goods that have very unique traits which the buyers are willing to go the extra mile to plan for and purchase.

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SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensation plans. Under its nonqualified stock option plan, SSG granted options to key officers on January 1, 2021. The options permit holders to acquire 12 million of the company’s $1 par common shares for $11 within the next six years, but not before January 1, 2024 (the vesting date). The market price of the shares on the date of grant is $13 per share. The fair value of the 12 million options, estimated by an appropriate option pricing model, is $3 per option. Required: 1. Determine the total compensation cost pertaining to the incentive stock option plan. 2. & 3. Prepare the appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023. Record the exercise of the options if all of the options are exercised on May 11, 2025, when the market price is $14 per share.

Answers

1. The total compensation cost pertaining to the incentive stock option plan is $36 million.

2. & 3. The appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023 are:

1. Total compensation expense

Total compensation expense=Total option× Fair value per option

Total compensation expense=$3×12 million

Total compensation expense= $36 million

2. SSG Cycles Journal entry

December 31, 2021

Debit Compensation expense $12 million

Credit Additional-paid in capital -Stock options $12 million

($36 million/3 years = $12 million per year)

(To record compensation expense)

December 31, 2022

Debit Compensation expense $12 million

Credit Additional-paid in capital -Stock options $12 million

($36 million/3 years = $12 million per year)

(To record compensation expense)

December 31, 2023

Debit Compensation expense $12 million

Credit Additional-paid in capital -Stock options $12 million

($36 million/3 years = $12 million per year)

(To record compensation expense)

3. May 11, 2025

Debit Cash $132 million

($11×12 million)

Debit Additional-paid in capital -Stock options $36 million

Credit Common stock $12 million

($1×12 million)

Credit Additional-paid in capital -excess par $156 million

($132 million+$36 million-$12 million)

(To record the exercise of stock option)

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Since the features and functions of complex products like CRM or ERP are not easy to identify, ________ is a major task when implementing enterprise systems.

Answers

Since the features and functions of complex products like CRM or ERP are not easy to identify, gap identification is a major task when implementing enterprise systems.

Homework help

The acronym used for the process of setting goals is..

O ACHIEVE
O OUTCOME
O GOAL
O SMART

Answers

Answer:

SMART

Explanation:

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Which employee is most likely to have a pension plan?
A. A food bank volunteer
B. A family physician
C. A public school teacher
D. A part-time food server

Answers

A public school teacher is most likely to have a pension plan. Option C is correct.

What Exactly Is a Pension Plan?

A pension plan is an employee benefit in which the company pledges to making monthly contributions to a pool of money put aside to finance payments to qualified employees once they retire.

Underfunding, mismanagement, insolvency, and legal exclusions are all possibilities that might jeopardize the pension. There are laws in place to safeguard you in such situations, but some are more effective than others.

Therefore, option C is correct.

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Food For Less (FFL), a grocery store, is considering offering one hour photo developing in their store. The firm expects that sales from the new one hour machine will be $150,000 per year. FFL currently offers overnight film processing with annual sales of $100,000. While many of the one hour photo sales will be to new customers, FFL estimates that 60% of their current overnight photo customers will switch and use the one hour service. Suppose that of the 60% of FFL's current overnight photo customers, half would start taking their film to a competitor that offers one hour photo processing if FFL fails to offer the one hour service. The level of incremental sales in this case is closest to:___.
a. $60,000.
b. $150,000.
c. $120,000.
d. $90,000.
Suppose that of the 60% of FFL's current overnight photo customers, half would start taking their film to a competitor that offers one hour photo processing if FFL fails to offer the one hour service. The level of incremental sales in this case is closest to:
A) $60,000.
B) $150,000.
C) $90,000.
D) $120,000.

Answers

Answer:

90,000 the answerrr is 90,000

In successful teams, some people play a task specialist role and put more of their energy into promoting the team’s performance of its work, while other people play a socioemotional role and put more of their energy into sustaining team members’ social satisfaction so that they stay engaged in the team. You are part of a productive team, and at a recent team meeting, you heard your coworkers make the following statements.

For each example of a statement made during a team meeting, indicate the role of the speaker.

1. Elise said, “I don’t think Julián and Ethan are really that far apart here. Their ideas have a lot of overlap.” SOCIOEMOTIONAL OR TASK SPECIALIST

2. Ethan said, “Folks, I’ve just had a brainstorm! We could get the people in sales to communicate our message to customers. They’ll be good at it, they’ll enjoy it, and the message will get out really fast.” SOCIOEMOTIONAL OR TASK SPECIALIST

Answers

Answer:

1. socioemotional

2. task specialist

Answer:

1. Elise said, “I don’t think Julián and Ethan are really that far apart here. Their ideas have a lot of overlap.” SOCIOEMOTIONAL

2. Ethan said, “Folks, I’ve just had a brainstorm! We could get the people in sales to communicate our message to customers. They’ll be good at it, they’ll enjoy it, and the message will get out really fast.” TASK SPECIALIST

Which of the following are true of an advertising plan? (Check all that apply.) Multiple select question. It analyzes the marketing and advertising situation. It identifies the objectives of the advertising campaign. It indicates how a firm can determine whether the campaign was successful. It typically follows the same strategies for all campaigns.

Answers

Statements that can be considered as true statements as regard advertising plan are;

It analyzes the marketing and advertising situation.

It identifies the objectives of the advertising campaign.

It indicates how a firm can determine whether the campaign was successful.

Advertising plan can be regarded as the strategy use in promotion of goods and services so as to increase sales of a firm.

This plan helps to know objectives of the advertising campaign and determine how successful it is.

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The answer options about an advertising plan which are true include:

A. It analyzes the marketing and advertising situation.

B. It identifies the objectives of the advertising campaign.

C. It indicates how a firm can determine whether the campaign was successful.

What is an advertisement?

Advertisement can be defined as the promotional multimedia messages that are designed and developed with the intention of making the goods (products) or services of a business firm known and familiar to all of its customers and potential customers.

The types of advertisement:

Generally, there are three (3) main types of advertisement and these include:

1. Informative advertisement

2. Reminder advertisement

3. Persuasive advertisement

What is an advertising plan?

An advertising plan refers to a written document that contains information on the marketing strategies and plans about how a business firm intend to effectively communicate with its target audience, customers and potential customers, so as to increase its competitive advantage and sales revenue.

Advantages of an advertising plan:

Some of the advantages (benefits) of an advertising plan to an entrepreneur or business firm include the following:

It helps to analyze both the marketing and advertising situation in a demography.

It helps to indicate the best technique to use in determining whether or not an advertising campaign was relatively successful.

It can be used to highlight and identify the objectives of an advertising campaign.

In conclusion, an advertising plan is dynamic in nature and as such do not follow the same strategies for all advertising campaigns.

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Why do businesses compete in free enterprise system?

Answers

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.

However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

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Mickey and Minnie each have a budget of $80 per moth to spend on downloaded music tracks and live concerts. At the initial price, Mickey consumes both goods but Minnie buys only downloaded music an does not go to live concerts. Now the price of live concerts falls. Use figures to show that Mickey’s utility must increase and that Minnie’s utility may increase or stay the same, but cannot fall.

Answers

Answer:

sanaol may pera

Explanation:

#fyp tikrok

The question is about the spent of budget and their utility.

Minnie and Mickey have a budget of $80 each per month to spend on music and concerts.

Mickey consumes both to spend his budget but Minnie only consumes her budget for downloaded music.

Now that the price for concert have decreased Mickey will be able to spend more on either options as he will be paying less for concert tickets. Therefore Mickey's utility will increase.

While Minnie only consuming downloaded music will have no impact upon falling prices for the concert. Therefore her utility will remain same.

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Which of the following is not considered a special journal?
a. cash receipts journal
Ob. general journal
c. purchases journal
d. cash payments journal

Answers

Answer:b

Explanation:

There is no such thing as a specialty magazine for a general journal. Therefore, the correct option is B.

Special journals, commonly called subsidiary journals, are used to record special types of transactions systematically and effectively. Cash receipt diary, purchases journal, and cash payment notebook are some examples of specialty journals.

These journals are created to deal with large volumes of transactions of a specific type, including cash payments, purchases or receipts. In contrast, the purpose of the general journal is to record transactions that do not fall under the precise categories covered by the special journal. It serves a more general purpose. It is often used for irregular or unusual transactions.

Therefore, the correct option is B.

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The company has net nonoperating obligations (NNO) of $10,000 and 5,000 shares outstanding. Calculate the per-share stock price for 2021 using the FCFF information above, a discount rate of 7%, and a terminal growth rate of 2%. Hint: a. Calculate PV FCFF for each of 2022 to 2025 and sum them up; b. Calculate PV Terminal Year; c. Calculate Total Firm value by adding up (a) and (b); d. Subtract net nonoperating obligation to get total equity value; e. Divide total equity value by shares outstanding to get the per-share stock price (Please show your calculations)

Answers

The per-share stock price for 2021 using the FCFF information for Target Corp. is $2.37.

Explanation:

Net non-operating obligations (NNO) = $10,000

Outstanding shares = 5,000 shares

Discount rate = 7%

Terminal Growth rate = 2%

Expected free cash flows for Target Corp. for 2019:

                                     Current   Forecast Horizon                        Terminal

                                          2019    2020    2021     2022     2023      Year

Free cash flows (FCFF) $4,650 $4,880 $5,130  $5,390 $5,650   $5,766

Discount factor at 7%                  0.935   0.873     0.816    0.763     0.713

PV of FCFF                                $4,563  $4,478  $4,398   $4,311     $4,111

a. Sum of PV of FCFF for 2020 to 2032 = $17,750 ($4,563 + $4,478 + $4,398 + $4,311)

b. The PV Terminal Year = $4,111

c. Total Firm Value = $21,861 ($17,750 + $4,111)

d. Total Equity Value = $11,861 ($21,861 - $10,000)

e. Per Share Stock Price = $2.37 ($11,861/5,000)

Thus, the per-share stock price for 2021 using the FCFF information for Target Corp. is $2.37.

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Place the events in sequence to describe how crowding- out happens. Start by clicking the first item in the sequence or dragging it here Drag the items below into the box above in the correct order, starting with the first item in the sequence
Because of a recession, consumers have less disposable income to spend on durable goods, like cars.
A state government passes a stimulus package that sends aid to struggling car manufacturing firm in the state.
Despite the increase in spending, aggregate demand has not increased as much as expected Car manufacturers use government funding, instead of their own money, to invest in improving their machinery

Answers

Crowding-out effect in this context, is used to describe a situation wherein the  Gross Domestic Product (GDP) equation, government spending triggers a reduction in or completely replaces private spending or investment.

For instance, when the government is heavily invested in spending on certain sectors, private investors may be discouraged from investing or spending in the same sectors.

The correct sequence of how crowding-out can occur is given below:

1.      Because of a recession, consumers have less disposable income to spend on durable goods, like cars.

2.     A state government passes a stimulus package that sends aid to struggling car manufacturing firms in the state.

3.      Car manufacturers use government funding, instead of their own money, to invest in improving their machinery

4.       Despite the increase in spending, aggregate demand has not increased as much as expected

Notice that because the government releases stimulus packages to assist Car manufacturers, there is a shortfall in the anticipated increase in aggregate demand because car manufacturers are not spending their money to improve their conditions.

This, exactly, is what Crowding Out Effect achieves. Read more about this in the link below:

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What is the MOST LIKELY reason for increase in the pricce of a specific stock?

Answers

Answer:

The item becomes too popular and starts to run out.

If the demand for the product is increasing while the supply is not.

Efficiency wages are a way to reward raw talent and abilities. a way to compensate workers for experience and training. a way to compensate workers in unattractive or unpleasant jobs. an incentive scheme designed to motivate and retain workers.

Answers

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.

Answers

Answer:

76

Explanation:

ther cell is god

__ is the monetary value of what a company received for goods sold, services rendered, and all other payments to the firm.

Answers

The  monetary value that is been gotten by a company for the sold goods as well as services rendered and payments to the firm is revenue.

Revenue can be regarded as money that is been received from normal business operations.

This can be calculated by multiplying average sales price with number of units sold.

Therefore, revenue is the correct term.

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Apart from a subsidy, how might a government change the market price of a good?​

Answers

Answer:

Governments can tax the public and giving the money to an industry, or tariffs, adding taxes to foreign products to lift prices and make domestic products more appealing. Higher taxes, fees, and greater regulations can stymie businesses or entire industries.

Ethan, a manager, says, “Email is a very efficient way of communicating, especially across time zones and to large numbers of people. Are there situations in which I shouldn’t use email?” You advise Ethan that he should not send an email in which of the following situations? Check all that apply.

✔ - To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker
- To all employees to announce upcoming development workshops
✔ - To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline
- To suppliers in China to report weekly defects within acceptable limits

Answers

Answer:

Explanation:

To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline

To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker

Answer:

✔ To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker

✘ To all employees to announce upcoming development workshops

✔ To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline

✘ To suppliers in China to report weekly defects within acceptable limits

Explanation:

Ethan should not email people when he is angry, so he should not shoot off an email to the other manager who just took the computers Ethan needs. It is also better to use a richer, more personal channel of communication when cancelling a commitment or apologizing for something. Thus, Ethan should call the conference coordinator rather than sending an email. Other times email is not optimal are when the sender is criticizing the receiver or when the receiver is likely to interpret the message as criticism.

A weekly report of defects that are within acceptable limits can be sent by email, as can a routine announcement of development opportunities available to all employees.

Refer to Figure 13-6. The firm experiences economies of scale at which output levels?
a. Output levels less than M
b. Output level greater than M
c. Output levels between M and N
d. Output levels greater than N

Answers

The firm experiences economies of scale at which output levels output levels less than M.

A firm experiences economies of scale when as quantity produced increases, total cost reduces. This is because total cost associated with production is spread out over a large quantity of goods.

A firm experiences economies of scale at the downward sloping part of the long run average total cost curve.

A firm experiences constant returns to scale between M and N of the long run average total cost curve.

A firm experiences diseconomies of scale at the upward sloping part of the long run average total cost curve.

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A(n) _____ is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Answers

Workers who don't join a union must make payments equal to union dues and fees to get union representation services in an agency shop

A(n) agency shop is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Agency is a business relationship in which a principal gives a legal right to an agent to act on his behalf. The agent acts on behalf of the principal when dealing with a third party.

Therefore, workers who don't join union in an agency shop must pay equal union dues and fees.

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Sales Transactions and T Accounts Using T accounts for Cash, Accounts Receivable, Sales Tax Payable, Sales, Sales Returns and Allowances, and Sales Discounts, enter the following sales transactions. 1. No sales tax. (a) Merchandise is sold for $320 cash. (b) Merchandise is sold on account for $385. (c) Payment is received for merchandise sold on account.

Answers

Answer:

Payment id received for merchanise sold on account

define motivation.explain it's importance. ​

Answers

Answer:

motivation refers to those wishes,desire, drive that stimulates or activation the man to do things..

Explanation:

The important words here are 'needs', 'values' and 'goals' and these are the building blocks of motivation that lead to actions: Needs are basic requirements for survival and may be physical or psychological; for example, hunger, thirst, love or friendship.

I hope you are motivated to this answer......

is a replacement for the lorenz curve which measures income inequality less accurately than does the

Answers

It should be noted that the replacement for the Lorenz curve that measures income inequality less accurately is the Gini coefficient.

The Gini coefficient simply means the Gini index. It's the single number that's used in demonstrating the degree of inequality that's in a distribution of income or wealth.

It's the distribution of income across a population. It measures income inequality less accurately than the Lorenz curve.

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rewg qugqerf geekqn lurkinh dhdr fasdvagavs avvaa

Answers

Awesome business answer

George wants to buy a Government Bond that will mature in 4 years. which type of bond will best meet his needs ?

A. T-bills
B. treasury notes
C. treasury bonds
D. treasury information protection securities ​

Answers

Answer: b

Explanation:

George wants to buy a Government Bond that will mature in 4 years. The bond which  will best meet his needs would be  treasury notes. Thus option (B) is correct.

What are treasury notes?

A treasury note is a U.S. government debt security. A treasury note has a fixed interest rate and maturity between two and 10 years.

A person can buy a treasury notes trough a  competitive bids, in which an investor specifies the yield, or non-competitive bids, in which the investor accepts whatever yield is determined.

A Treasury note is just like a treasury bond, except that it owns a differing maturities. The treasury bond has lifespan between  20 to 30 years.

So we can say that the George wants to buy a Government Bond that will mature in 4 years. The bond which  will best meet his needs would be  treasury notes. Therefore, option (B) is correct.

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Suppose that one US dollar buys 1.50 Swiss francs. A chocolate bar costs 0.75 francs in Switzerland. How much will the chocolate bar cost in US dollars?


Compared to country Y country X has a comparative advantage I’m producing computers. Country Y has a comparative advantage over country x in producing automobiles. How can the two countries best take advantage of this situation?

Answers

Answer: 1) 50 cents 2) they can trade with each other

Explanation of question 1

Ratio of dollars to francs

1: 1.5

The chocolate costs 0.75 francs. Divide 1.5 by 0.75 to find the multiplier in the ratio which is 2. Divide $1 by 2 to get 50 cents

Which statement best describes the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence

Answers

Every organization has its own rules. The statement that best describes the Federal Deposit Insurance Corporation's is that The FDIC has issued policy statements that address auditor independence in various contexts.

Independence in auditing needs integrity and an objective way in all audit process. It also requires the auditor to perform his or her task freely and in a focused way.

The Independence of the internal auditor is simply known as the freedom  from parties or people whose interests can be harmed by the outcomes of an audit.

See full question below

Which statement best describes an element of the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence?

FDIC independence requirements incorporate requirements for attorneys and actuaries.

FDIC independence requirements mirror the AICPA and DOL independence rules.

The FDIC has issued policy statements that address auditor independence in various contexts.

The FDIC has adopted regulations that incorporate IESBA independence rules.

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