User Account

All Pages

Marginal factor cost for the eleventh worker

Assignment Help Business Management
Reference no: EM131289631

Suppose that a monopsonist increases the number of workers hired from 10 to 11. If the market wage increases from $20 per worker to $21 per worker, the marginal factor cost for the eleventh worker is:

  • $20.
  • $21.
  • $31.
  • $231.

Reference no: EM131289631

Questions Cloud

Self-employment and fica tax : Kyle worked as a free-lance software engineer for the first three months of 2016. During that time, he earned $88,000 of self-employment income. What amount of FICA taxes. Self-employment/FICA tax:
Should marketers have access to such information : Should marketers have access to such information? Discuss the advantages and disadvantages of this activity for both marketers and consumers.
What are the consequences of each-what if-situation : Describe how each of the suggested "what if" challenges could be overcome.From a legal perspective, describe the pros and cons of hiring an independent contractor to manage security at the event.
What is the rate of flow in cubic meters per second : An automobile is driving into a 45-mph headwind at 40 mph. If the barometer reads 29 in. Hg and the temperature is 40°F, what is the pressure at a point on the auto where the wind velocity is 120 fps with respect to the auto?
Marginal factor cost for the eleventh worker : Suppose that a monopsonist increases the number of workers hired from 10 to 11. If the market wage increases from $20 per worker to $21 per worker, the marginal factor cost for the eleventh worker is:
Advantages and challenges of social media marketing : Will the FTC's requirements regarding ads and endorsers make Twitter less effective as an advertising medium?
Estimate the pressure inside the pipe at the pump inlet : In the previous problem, determine the flow rate at which the pump inlet pressure is equal to the vapor pressure of the water. Assume that friction causes a head loss of 4 ft. The vapor pressure of water at 598F is 0.247 psi.
Discuss about the case compliance risk assessment : Compliance Risk Assessment: Case Studies and Third Party Risk.Discuss about the case Compliance Risk Assessment
Discuss the four types of country industrial structures : Discuss the four types of country industrial structures and the opportunities each offers to international marketers.

Reviews

Write a Review

Business Management Questions & Answers

  Determine the future direction of teamwork

How a manager approaches a situation can determine the future direction of teamwork and ultimately the level of success achieved.

  How much revenue is recognized on the march income

How much revenue is recognized on the March income

  Calculate the quantity demanded of good x

a) Calculate the quantity demanded of good X. b) Calculate the own price elasticity of demand for good X. Is demand for good X elastic or inelastic? c) If the firm selling good X wants to increase total revenue, would you recommend lowering or incre..

  Describe the planning function of management

Discuss the outcome of the implementation and what part planning had in its success or failure.

  Project management mastering virtual teamsin recent years

project management mastering virtual teamsin recent years communication technology has made many advancements. there

  Calculate the value of this short forward contract

It currently has 11 months to maturity.The risk-free rate with continuous compounding is 3% per annum, the stock price is $30 and the delivery price is $28. Calculate the value of this short forward contract.

  Challenge in current or past real-life organization

Summarize the six bases of power that allow leaders to influence the importance of others. For each of the bases of power identified, provide at least one contemporary leadership issue or challenge in your current or past real-life organization.

  Improving the quality of software development

Research the results of using effective quality management tools/techniques on improving the quality of software development. Write a 1-2 page APA style paper summarizing your research. You can focus on one or several aspects of the topic.

  Describe marketing strategy

From the scenario, suggest two (2) marketing strategy options that Golds Reling, Inc. could implement. Next, select the option that you believe will be most effective for the new product launch. Justify your response.

  What are the items for which you would want to collect data

Assume you are going to conduct some research in the field of toy making. What are some of the items for which you would want to collect data? For example: market trends in toy making, latest sales nationwide, etc.

  Calculate the cross price elasticity of car travel

Calculate the cross price elasticity of car travel (as measured by passenger kilometres) with respect to the price of petrol over this time period. Comment on thesign of your estimate.

  Show the global leader comparisons

Global Leader comparisons: Identify characteristics and abil - Choose a current global business leader who is an excellent role model of essential global and multicultural leadership characteristics.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd