Suppose the marginal product of labor is 8 and the marginal product of capital is 2. if the wage rate is $4 and the price of capital is $2, then in order to minimize costs the firm should use:

Quentin operates an ice cream franchise which has shops throughout the united states. coolcream co., the franchisor, supplies the ingredients and formula so that quentin can create the ice cream in his store and sell it fresh to customers.

Suppose that an initial $ 10 billion increase in investment spending expands GDP by $ 10 billion in the first round of the multiplier process. Also suppose that GDP and consumption both rise by $ 6 billion in the second round of the process.

The human resources officer denied mrs. merkel employment because she believes that at 62 years of age, mrs. merkel is too old to start a new career. this is an example of

In 2014, paxson incurred a net loss of $2,500. no dividends were declared or paid during 2014. what was paxson's retained earnings balance one year earlier on december 31, 2013?

Static and flexible budgets are similar in that: Multiple Choice a. They both are prepared for multiple activity levels. b. They both are based on the same per unit variable amounts and the same fixed costs. c. None of these answers is correct. d.

Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,500 and $125,000, respectively. During the year, actual overhead was $107,400 and actual direct labor cost was $120,000.

On october 31, 2018, damon company's general ledger shows a checking account balance of $8,409. the company's cash receipts for the month total $74,400, of which $71,315 has been deposited in the bank.

In October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.

A monopolist that practices perfect price discrimination a. creates no deadweight loss. b. charges one group of buyers a higher price than another group, such as offering a student discount. c.

What is the best way to show a business you're interested in their job position