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Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers the firm produces 90 units of output. Fixed costs of production are $6 and the variable cost per unit of labor is $10. The marginal product of the seventh unit of labor is 4. Given this information, what is the marginal cost of production when the firm hires the 7th worker? (Please show the process of getting the answer)
a. $10b. $1.50c. $2.50d. $5
drives behind work motivation1. in your own words explain what the four drives that underlie motivation are according
What changes are scheduled to be implemented in 2013 and what will be the likely effect on costs and perceived value of these changes?
What are some of the benefits of participating in online communities and social networking websites and technologies? What are some of the drawbacks?
Surveys (described in the textbook) of more than 20,000 Internet users concluded that the psychographic data identified marketing opportunities in what percent of Internet user segments?
Work problems are quite interesting - and sometimes counterintuitive. The key is to remember that the group will be faster than any of them working alone.
wal-mart vs. targetwal-mart is not as cheap as the organization wants customers to believe. i prefer to shop at target.
The chapter describes the role of culture in the successful implementation of strategy. Consider an employment experience of your own or of someone you have observed closely (e.g., a family member).
Why isthetime value of money important in capital budgeting? When making capital budgeting decisions, companies usually prefer shorter payback periods. Explain why shorter payback periods are desirable.
What about this person's communication style causes you to think this - Effective leadership through communication style
Identify the specific components of an an institution. Next use two (2) examples of institutions - such as a financial system, a judical system, or the armed forces - to illustrate what developing countries overall have done to weaken or strength..
You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 8% with interest paid monthly.
AMA adopted a phrase to describe the name of the section of Current Procedural Terminology (CPT). The wording in this phrase reflects the components involved in an office visit. What is this phrase?
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