Questions for Homework 7 1. | The value of marginal product A. | equals marginal product. | B. | describes the costs of hiring an extra worker. | C. | equals marginal product divided by price. | D. | equals average product times the wage rate. | E. | equals marginal product times price. | | 2. | The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. The value of the 14th worker’s marginal product is A. | $2. | B. | $4. | C. | $12.
Premium Employment Economics Supply and demand
Banking Concept: Simplifying RBI Key Policy Rates What are the key policy rates used by RBI to influence interest rates? The key policy or ’signalling’ rates include the bank rate‚ the repo rate‚ the reverse repo rate‚ the cash reserve ratio (CRR) and the statutory liquidity ratio (SLR). RBI increases its key policy rates when there is greater volume of money in the economy. In other words‚ when too much money is chasing the same or lesser quantity of goods and services. Conversely‚ when there
Premium Fractional-reserve banking Central bank Monetary policy
CONTEXT In the given assignment there is an organization which is facing issues like high attrition rates ‚mostly due to lack of motivations and attitude of employees. INTRODUCTION An organization is a separate legal entity comprising of multiple people‚ who come together to achieve a common goal. To achieve that goal there is need of a proper structure and management which brings everyone in an organization on common platform. If in an organization people are not brought
Premium Management Employment Organization
children‚ how many children were there? 16. A man walks a certain distance at the rate of 5 miles an hour and returns at the rate of 4 miles an hour. If the total time that it takes him is 3 hours and 9 minutes‚ what is the total distance that he walks? 18. An airplane flew in a direct line from its base at the rate of 300 miles an hour and returned over the same route at the rate of 250 miles an hour‚ requiring 15 minutes longer on the return trip. How far from its base
Premium Imperial units Length
Entrance Fees Adult Normal Rate Child / Senior Citizen Adult 25% off with MyKad Child / Senior Citizen All Parks Best Value Water Park‚ Amusement Park‚ Wildlife Park‚ Extreme Park & Scream Park 3 Parks Water Park‚ Amusement Park & Wildlife Park RM100 RM80 RM75 RM60 RM80 RM65 RM60 RM48 MyKad (Malaysian Identity Card) holders enjoy 25% discount off full-published rates (not valid with other discounts or promotions). One MyKad is entitled for one purchase and the
Premium Week-day names Malaysia Surfing
world classlevel is not an easy task and it is a challenge to Malaysia.Currently‚ unemployment among the graduates becomes an issue‚ not only in Malaysia but also around theworld. The Department of Statistics Malaysia (2011) found that the unemployment rate in Malaysia hadincreased from 3.2 % in 2007 to 3.7% in 2009. The Minister of Human Resources‚ Fong Chan Onn‚ stated thatthe National Economic Action Council with the collaboration of the Department of Human Manpower hadconducted a census in 2005 and
Premium Learning
MACRS 39- year class. The annual depreciation rate for the five years of economic life of the project would be: Year 1 1.3% Year 2 2.6% Year 3 2.6% Year 4 2.6% Year 5 2.6% d. The necessary equipment would be purchased and installed in late 2008‚ and it would also be paid for on December 31‚ 2008. The equipment would fall into the MACRS 5-year class‚ and it would cost $5 million‚ including transportation and installation. The annual depreciation rate for the five years of economic life of the project
Premium Depreciation Variable cost
P6–1 Interest rate fundamentals: The real rate of return Carl Foster‚ a trainee at an Investment banking firm‚ is trying to get an idea of what real rate of return investors Are expecting in today’s marketplace. He has looked up the rate paid on 3-month U.S. Treasury bills and found it to be 5.5%. He has decided to use the rate of change In the Consumer Price Index as a proxy for the inflationary expectations of Investors. That annualized rate now stands at 3%. On the basis of the information
Premium Interest Bond Interest rate
The CFO can forecast exchange rates by using either of two approaches‚ fundamental forecasting or technical forecasting. Fundamental forecasting uses trends in economic variables to predict future rates. The data can be plugged into an econometric model or evaluated on a more subjective basis. Technical forecasting uses past trends in exchange rates themselves to spot future trends in rates. Technical forecasters‚ or chartists‚ assume that if current exchange rates reflect all facts in the market
Premium Currency United States dollar Money
Determination of rate of photosynthesis INTRODUCTION Photosynthesis is the major process by which light from the sun is captured by plants‚ algae and some bacteria to produce energy. It is a process in which light energy is converted into chemical energy which is then stored in sugars. Photosynthesis occurs in two stages‚ light-dependant reactions and light-independent reactions. In light-dependent reactions the chlorophyll traps light energy which is then used to excite electrons and split water
Premium Photosynthesis Oxygen