if the price of output is 5 and the wage rate is 10 per hour how many workers should be hired by a profit-maximizing firm

Employee[2].hourly Wage = 100.00 is the correct value in this case.

Hence, Option D is correct

To know more about hourly rate here

https://brainly.com/question/24392720

#SPJ4

An unrestricted frugality generally refers to a country that doesn't trade or engage in other fiscal exchanges with any other country.

That means no significance comes into the country, and no exports leave it.   A closed economy is a frugality that doesn't share in transnational trade, meaning it would not import or export goods and services from another country. In this situation, all goods and services are produced within the boundaries of a single frugality.

A closed Economy is a frugality with no profitable relations with the rest of the world. This means there are no significances from other countries and no exports to the other country. An open Economy is a frugality that has profitable relations with the rest of the world.

To learn more about fiscal exchanges, visit here

https://brainly.com/question/28265549

#SPJ4

To get the variable manufacturing overhead rate, add up the whole expected amount of the allocation basis.

Divide the total manufacturing overhead by the number of units produced to determine how much it costs to produce one item. When 10,000 pieces are manufactured, the total manufacturing overhead of $50,000 is $5.

The difference between the actual number of hours of direct labor used and the standard number of hours of direct labor allowed (as budgeted) is multiplied by the standard variable overhead rate to determine the variable overhead efficiency variance.

To know more about manufacturing overhead rate visit :-

https://brainly.com/question/20308748

#SPJ4

The correct answer is d. Insert Bar Chart. Bar charts are a type of chart that displays data using rectangular bars, with each bar representing a different category.

Histogram charts are a type of bar chart that displays the frequency distribution of a given data set. By selecting the bar chart option, the user will then be able to select the histogram chart icon to create a histogram chart.

When it comes to visualising data, a chart (sometimes referred to as a graph) uses symbols to represent the data, such as bars in a bar chart, lines in a line chart, or slices in a pie chart.

To know more about charts here

https://brainly.com/question/14376031

#SPJ4

The correct response is for this exercise is segregation of duties. The first instance of segregation of responsibilities, which relates to the obligations of record-keeping and physical possession, is applied.

It is not advisable to allocate the task of managing physical assets to the employee who maintains the accounting records. The six guiding principles of internal control are as follows: attribution of responsibility, division of labour, documenting techniques, Physical controls, Independent internal verification, Human resource controls. The idea of requiring more than one person to finish a task is known as separation of duties (SoD), sometimes known as segregation of duties. Organizations utilize it as an administrative safeguard to thwart security breaches such as fraud, sabotage, theft, and information misuse. As observed in democracies when the government is divided into three independent branches: a legislature, an executive, and a judiciary, it is known as the separation of powers in the political sphere.

Learn more about segregation of duties here

https://brainly.com/question/14096177

#SPJ4

The risk-free rate of interest is 6.5% and the expected return on the market is 8.75%.

The risk-free rate is the rate of return given by a risk-free investment. Every financial asset involves some element of risk, no matter how minor, hence the risk-free rate is a purely theoretical term. In reality, it is regarded as the interest rate on short-term government debt. The expected return is the profit or loss that an investor forecasts on an investment with a known historical rate of return. It is calculated by multiplying several possibilities by their probability of occurrence and then adding the results. The expected return is often based on previous data and so cannot be guaranteed in the future; yet, it frequently establishes acceptable expectations. As a result, the expected return may be viewed as a long-term weighted average of previous returns.

Learn more about investment here:

https://brainly.com/question/15353704

#SPJ4

The sales comparison approach is one of the approaches to value that involves the process of developing an opinion of value by using sales of similar properties to estimate the value of the subject property.

This approach compares the subject property to similar properties that have recently sold in the same area and uses the sale prices of those properties as a guide to estimate the value of the subject property.

Factors such as location, size, condition, and features of the properties are considered in the comparison. The sales comparison approach is also known as the market data approach or the comparable sales approach.

To learn more about the properties to estimate the value at

https://brainly.com/question/13651161?referrer=searchResults

#SPJ4

Self management involves setting realistic goals, evaluating and selecting the right strategy to solve a problem, and allocating the right amount of time to finish a task.

The process of outlining your aims and objectives with a specific plan to assist you in achieving the stated goals is known as goal setting. A crucial element in becoming a successful professional is setting goals. Without goals, it could be difficult for you to perform your tasks in an efficient manner. Setting long- and short-term objectives can help you succeed in your work. A short-term objective would be to boost sales in your section by 40%. A long-term objective can be to finish law school or launch your own business.

To know more about self management click here

brainly.com/question/13368948

#SPJ4

In addition to the importance of finance for marketing, accounting, and management careers, finance is also now considered a "STEM" discipline, especially at the graduate level.

Three interconnected areas make up finance: money and credit markets, which deal with financial institutions and the securities markets; investments, which concentrate on the choices made by both retail and institutional investors; and financial management, which deals with choices made within the company regarding the acquisition and use of funds.Jobs in retail bank management, commercial lending, securities analysis, securities brokerage, commercial credit, consumer credit, and corporate financial management are all available in the field of finance. A CD-ROM titled "Discovering Your Finance Career" is available in the department office and contains comprehensive information about these and other career options in finance.

To learn more about" finance" Click on below linkbrainly.com/question/29493385

#SPJ4

Option D is correct. Carol files a suit against Duffy in a state trial court and loses. Carol​ can plead her case before an appellate court.

After losing a case in a state trial court, a party has the option to appeal the decision to a higher court, known as an appellate court. An appellate court reviews the lower court's decision to ensure that the law was correctly applied and that there were no errors in the legal proceedings. The appellate court can uphold the lower court's decision, overturn it, or send the case back to the lower court for further proceedings.

A party cannot insist that the United States Supreme Court hear their case, as the Supreme Court has discretion in deciding which cases it will hear. Additionally, Carol cannot take her case to small claims court because small claims court is only for cases involving small dollar amounts, and it's not a higher court.

Know more about appellate court - https://brainly.com/question/29766399

#SPJ4

A free enterprise system works by allowing businesses to compete freely in the marketplace and to operate without government interference.

The core principles of free enterprise include:

1. Private Property Rights: Individuals and organizations should have the right to own, use, and dispose of their private property without interference from the government.

2. Freedom of Choice: Individuals and organizations should be free to make their own economic decisions and enter into voluntary economic exchanges with others.

3. Competition: The free market should be allowed to operate with minimal government interference or regulation, allowing businesses to compete freely in an open market.

4. Profit Motive: Businesses should be allowed to make a profit when they create products or services that are in demand by consumers.

5. Self-Interest: Individuals and organizations should be free to pursue their own economic interests.

6. Limited Government Intervention: The government should only intervene in the economy when absolutely necessary, such as to protect the public from fraud, protect the environment, or ensure fairness in the marketplace.

To learn more about free enterprise system refer to:

https://brainly.com/question/20782413

#SPJ4

When a large volume of product is received at a case-pick warehouse, it is likely to be placed at Reserve storage that is option A is correct.

Within an organization there are separate places to keep the goods that are manufactured and the goods that are received from some other place. Inventory is there to keep the goods within the organization. Sometimes the goods that are received exceeds the limit of storage, then the extra goods are kept in the reserve storage so that when the stock of the goods will be used up the reserve goods will be used. It is necessary to always keep a reserve storage at an organization because there can never be certainty on the production level and also if by any means shortage of goods occur then the reserve goods will come in handy.

Learn more about Inventory at:

brainly.com/question/25947903

#SPJ4

The five credit levels are bad, fair, good, very good, and outstanding.

Credit is the trust that enables one party to loan another party assets or money with the knowledge that the second party would return the assets or pay the first party back at a later date rather than immediately. Reciprocity can be formalized, made enforceable, and extended to many unrelated parties through the use of credit. Resources can include money, goods, and services. A credit agreement is one that postpones payments. Credit is given to a debtor, also known as a borrower, by a creditor, also known as a lender.  Within that range, scores can often be divided into one of five categories: bad, fair, good, and very good.

Learn more about credit  from

brainly.com/question/13964348

#SPJ4

Retailers use mass media advertising to attract customers to their stores. Mass media advertising is advertising placed in mass media markets to reach a large number of potential consumers.

These ads tend to be expensive due to the sheer volume of impressions they deliver and require great care in designing campaigns for maximum impact.We handle your advertising needs in-house. Companies that don't want to do so can use advertising companies that specialize in mass media marketing. Most mass media also have an advertising department that handles requests from clients interested in placing advertisements.

Mass media advertising is advertising placed in mass media markets to reach a large number of potential consumers. These ads tend to be expensive due to the sheer volume of impressions they deliver and require great care in designing campaigns for maximum impact. We handle your advertising needs in-house.

Know more about mass media advertising here:

https://brainly.com/question/27492183

#SPJ4

Regardless of the situation of the economy, a firm must keep its attention on its goals by promoting employees within the organization and providing them with ongoing training.

An organisation is a group of individuals who work together, such as a business, neighbourhood association, nonprofit, or union. A person, a group, a business, or the act of establishing or developing anything can all be referred to as a "organization."

Corporations, partnerships, and sole proprietorships are the three primary types of business entities in the US. In today's session, the benefits and drawbacks of each organizational model will be discussed using the low-cost chocolate industry as a case study.

To know more about organizations visit:

brainly.com/question/29766744

#SPJ4

A conundrum of decision If the language L of all instances of yes to P is not decidable, then P is not solvable.

To learn more about decidable problem refer to:

https://brainly.com/question/30142700

#SPJ4

The correct answer to the given question about not be found in the accounting system of a service provider is option B) Finished jobs ledger.

The Job Ledger report includes subtotals by phase and job along with a list of all transactions that have been linked to a job. If desired, you can additionally include the time allotted to jobs in payroll. Ledger General The two categories of General Ledger are Nominal Ledger and Private Ledger. The nominal ledger contains data on costs, earnings, depreciation, insurance, etc. Additionally, Private Ledger provides private information such as capitals, wages, and salaries. You maintain the records for your company using an accounting system. You would enter transactions such as invoices, money spent from the company's bank account, supplier bills, and money you personally spent on business expenses into your accounting system.

To learn more about accounting system click here

brainly.com/question/24205662

#SPJ4

The strategy used by the incident commander to protect the general population from hazardous material Public Protection Actions (PPA)

Public Protective Action (PPA) is a type of strategy used by emergency responders to protect the public from hazardous materials. A PPA can include a wide range of measures, such as removing people and equipment that have come into contact with hazardous materials using the decontamination protocol. Provide treatment to exposed individuals.

Entry and Exit of Dangerous Goods Clear and Clear Communication Notify the public in a timely manner of incidents and the measures taken to protect them Coordinate with state emergency management officials. The PPA is critical to minimizing the public impact of incidents involving hazardous materials and is an integral part of the Incident Commander's response strategy.

Learn more about Public Protection Actions here: https://brainly.com/question/22700907

#SPJ4

Object-oriented analysis is a process of analyzing the problem and identifying the objects which will be used to solve the problem. The process involves the following steps:

1. Identify the objects: First, the objects in the system are identified. This is done by looking at the problem to be solved, and analyzing what the system should do to solve it. Once the objects have been identified, each object's attributes, behaviors, and relationships should be defined.

2. Create the classes: After the objects have been identified and defined, classes are created for each object. Data members and member functions are declared for each class, and the class name is assigned.

3. Declare variables and functions: Public and private variables, as well as prototype functions, are declared.

4. Write the code: Once the variables and functions have been declared, the code is written.

5. Write the main() function: The main() function is written, which is the starting point of the program. This function determines which classes are needed and calls the appropriate functions.

Learn more about object oriented analysis:

https://brainly.com/question/29511421

#SPJ4

Cable Corporation has a net income of $35,800, sales of $346,000, total assets of $449,000, total debt of $201,000 and stockholders equity of $248,000.

Multi-Media Inc. has a net income of $128,000, sales of $2,700,000, total assets of $929,000, total debt of $523,000 and stockholders equity of $406,000.

To learn more about net income from the given link

https://brainly.com/question/15570931

#SPJ4

In the short run, the quantity of aggregate output supplied will decrease due to the fall in prices. This is because the decrease in prices will reduce the incentive for firms to produce, leading to a decrease in aggregate output supplied.

Aggregate is a term used to describe a collection of items that have been combined into a single unit. This could refer to a variety of items, such as multiple data points, materials, or people. In the data world, aggregates are often used to create a summarization of data points, such as in the creation of a sum, mean, or average. In the material world, aggregates refer to a combination of particles that form a material such as sand, gravel, and crushed stone used in construction.

When firms and workers renegotiate their wages, wages will decrease in order to reflect the decrease in prices. This will cause the aggregate demand curve to shift to the right, restoring the economy to its original equilibrium at potential output.

To learn more about aggregate
https://brainly.com/question/1490249
#SPJ4

For Johnny, the per unit opportunity cost of laundry folding vacuuming is 1.5 the per unit opportunity cost of vacuuming is laundry fold is ⅔.

To learn more about opportunity cost from the given link

https://brainly.com/question/12121515

#SPJ4

If the reserve requirement ratio (RR) is 0.20, the straightforward deposit multiplier is (d) 5.

The reserve ratio is the percentage of reservable liabilities that commercial banks are required to keep onto rather than lend to or invest in. The country's central bank—the Federal Reserve in the US—determines this criteria.

The reserve requirement, which is frequently used interchangeably with the reserve ratio, refers to the minimal amount of reserves that a bank must maintain. Regulation D of the Federal Reserve Board outlines the reserve ratio. Regulation D established a set of minimum reserve requirements for all depository institutions with transaction accounts and mandates that banks submit quarterly reports to the

To know more about  Federal Reserve Board visit: https://brainly.com/question/14059357

#SPJ4

Answer:

The Classic Watch Company is likely market-oriented. This means that the company is focused on understanding its customers’ needs and wants and designing products that meet those needs. The company takes into account the preferences of the market and adjusts its products to meet the demands of the market. The company is not just focused on creating a product and expecting the market to buy it; instead, it is actively seeking out customer feedback and using it to make informed decisions about the products and services it offers.

There are three methods in which employers might respond to paying greater wages: by raising pricing, accepting lower profits, or offsetting.

Costlier products: An increase in the minimum wage raises your overhead expenses, which could lead to a higher price point being passed on to customers. This might eventually result in higher living expenses and more increases to the minimum wage.

Entry-level jobs, training, and lifetime earnings are all affected by minimum wages. A minimum wage is frequently suggested by policymakers as a way to increase earnings and pull people out of poverty. However, increases in certain young employees' wages due to

To know more about pricing visit:

https://brainly.com/question/13289011

#SPJ4

Diseconomies of scale is not a reason for the existence of a monopoly. The phenomenon known as diseconomies of scale occurs when a company experiences rising marginal costs per additional unit of output.

Option D is correct.

When a company or business expands to such an extent that the costs per unit rise, this is known as a diseconomy of scale. It occurs when a company no longer benefits from economies of scale. Diseconomies of scale are cost disadvantages incurred by economic actors when an organization's size or output increases, resulting in higher per-unit costs for goods and services. Diseconomies of scale are the antithesis of economies of scale.

In a game of Monopoly, there is only one seller on the market. The monopoly situation is viewed as the complete opposite of perfect competition in conventional economic analysis. The industry demand curve that faces the monopolist is, by definition, sloping downward.

Learn more about Monopoly :

brainly.com/question/7217942

#SPJ4

Examples of short, medium, and long-term savings goals include saving for a vacation, buying a house, and contributing to a retirement fund.

Short-term goals involve saving for a purchase or event in the near future, such as a vacation or new furniture. Medium-term goals involve saving up for a larger purchase such as a car, a down payment for a house, or a wedding.

Long-term goals involve saving for retirement, college education, or large purchases that may take years to reach. It is important to set realistic goals and create a plan for saving. Setting up a budget can help you determine how much you can save each month for each of your goals.

Once you have a budget in place, you can decide which goals you want to prioritize in order to reach them faster. You can also set up automated transfers to move money into savings accounts each month to help you reach your goals.

For more questions like Savings click the link below:

https://brainly.com/question/29796916

#SPJ4

The core benefit of learning relationships for an enterprise is increased product innovation, greater customer loyalty and greater profit margins

A core benefit proposition describes what a consumer could think is the advantage of buying a new product over one from a competition. Market forces in some instances decide the primary benefit. It is a claim made by a firm that discusses the primary and most significant benefit that a consumer will receive from using that product.

By analyzing consumer wants and preferences, a thorough grasp of customer interactions can promote enhanced product innovation. By encouraging trust and meeting expectations, it can also result in stronger consumer loyalty. By keeping clients and boosting sales through targeted marketing and upselling, it can also lead to higher profit margins.

Read more about core benefits on:

https://brainly.com/question/18319565

#SPJ4

After the analysis, the next step to be taken by Glen would be to work on  the discovered research and take actions for enhance growth.

A research wing in any organization plays a crucial role as it helps to rediscover new ideas and correlations and also the analysis of data on several fronts can help in engaging greater results as output. The data can be presented in the form of presentations with real time analysis. This quantitative research can help in identification of bigger roles which the marketing team can play in increasing their profits. Market research is a systematic process of collecting, analyzing and interpreting information on the real time scale.  

Learn more about market research at:

brainly.com/question/24906199

#SPJ4

Assets = Liabilities + Stockholders' Equity is the formula for a balance sheet. The shareholders' equity formula is as follows: paid-in capital plus retained earnings minus treasury stock. Stock and cash dividends are not included in the financial statements.

The shareholders’ equity portion of the balance sheet reports the worth of the stockholders. Divided into two components, paid-in capital (stockholder investments) and retained earnings (profits generated by the corporation.)

The first five accounts listed above add up to the total paid-in capital, which includes the Preferred Stock account, the Common Stock account, the Paid-in Capital in Excess of Par account, the Paid-in Capital from the Sale of Treasury Stock account, and the Paid-in Capital from Excess of Par account.

All issued shares are considered common stock, even those that have been repurchased by the company. The value of shareholders should not include treasury stock because it is not held by individual investors. Stockholders' equity is calculated by taking the value of issued shares less the value of shares held in treasury.

Therefore, Stockholder Equity Section = (Common Stock + Paid-in Capital in Excess of Par Value—Common Stock + Preferred Stock + Retained Earning + Paid-in Capital in Excess of Par Value—Preferred Stock) - Treasury Stock

Stockholder Equity = 800,000$ + 650,000$ + 200,000$ + 900,000$ + 310,000$ - 85,000$ = 2,775,000$

To know more about Stockholder Equity:

https://brainly.com/question/13950797

#SPJ4

The right question is:

Question Six: The following account appeared in the ledger of Alico Corporation after the book are closed on December 31, 2019. Common Stock, $2 par value, 700,000 shares authorized, 400,000 shares issued …………………………………………………………….......................................……………$800,000

Paid-in Capital in Excess of Par Value—Common Stock ……...............650,000

Preferred Stock, $100 par value, 8%, 10,000 shares authorized; 2,000 shares issued ………………………………………………………............…………………. 200,000 Retained Earning ………………………………….....................…………………………. 900,000

Treasury Stock (10,000 common shares) ……………………………………......…85,000 Paid-in Capital in Excess of Par Value—Preferred Stock …………..........310,000

Required: Prepare the stockholder's equity section on December 31, 2019