Business, 03.01.2020 04:31 azireyathurmond1
Oscar's flower shop maximizes profits by hiring four workers in a perfectly competitive labor market. the workers and their value of the marginal product of labor are noe, $40; barbara, $35; calvin, $27; and diana, $15. according to the marginal productivity theoryof income distribution, which of the following statements is true?
a)in equilibrium, each worker is paid his or her value of the marginal product of labor.
b)each worker is paid a wage equal to the highest value of the marginal product of labor(i. e., $40).
c)each worker is paid $15.
d)we need to know the product price before we can figure out the wage rate.
Answers: 3
Business, 22.06.2019 07:00
Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805
Answers: 1
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
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Business, 22.06.2019 14:00
How many months does the federal budget usually take to prepare
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Oscar's flower shop maximizes profits by hiring four workers in a perfectly competitive labor market...
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