1. False. The correct formula for compound interest is A = P(1 + r/n)^(nt), where A represents the amount, P is the principal, r is the interest rate, n is the number of compounding periods per year, and t is the number of years.
2. True. In the compound interest formula, interest (r) is expressed as a percent.
3. False. In the compound interest formula, n represents the number of compounding periods, not the term of the investment or loan.
4. True. If an amount is invested for 20 years at an interest rate that is compounded semi-annually, there will be 20 compounding periods since compounding occurs twice a year.
5. True. The future value (FV) of a compound interest investment or loan refers to the amount of the principal along with the accumulated compound interest.
6. False. The future value of a $1000 investment earning 5% interest, compounded monthly, for 1 year is approximately $1,051.16.
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Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrowed $3,000 from the brokerage firm. The loan has an annual interest rate of 6 percent.
Six months later, the stock’s current price is $38 per share. If Nathan sells now, he will pay a commission of $160 and will have to repay the loan. If he sells now, he will lose $ __.00
If Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose $650.
What is buying on margin?Buying on margin is a situation when an investor buys an asset by borrowing the balance from the brokerage firm.
With buying on margin, the investor pays part of the investment cost while the remaining is met by the broker.
Data and Calculations:Cost of 200 shares at $40 per share = $8,000
Investor's cash = $5,000
Margin purchase = $3,000
Interest rate = 6%
Interest amount = $90 ($3,000 x 6% x 1/2)
Commission = $160
Total amount spent = $8,250 ($8,000 + $90 + $160)
Total amount realized from sale = $7,600 ($38 x 200)
Loss from sale = $650 ($7,600 - $8,250)
Thus, if Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose $650.
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Which type of multiple protection policy pays on the death of the last person?
A. Joint Life Policy
B. Dual Life Policy
C. Multiple Life Policy
D. Survivorship Life Policy
The type of multiple protection policy pays on the death of the last person is Survivorship Life Policy.
A Survivorship Life Policy is the type of multiple protection policy that pays on the death of the last person. Also known as a "second-to-die" policy, it is commonly used in estate planning or when insuring the lives of business partners or spouses.
In a Survivorship Life Policy, the coverage is typically provided for two individuals, such as a married couple. The death benefit is paid out only after both insured individuals have passed away. This means that the policy does not pay a death benefit upon the death of the first insured person, but rather upon the death of the last surviving insured person.
This type of policy is often used to provide financial support for surviving beneficiaries, cover estate taxes, or ensure the passing on of wealth to future generations. It can be an effective way to provide protection when the financial impact is expected to occur upon the death of the second individual.
The type of multiple protection policy that pays on the death of the last person is a Survivorship Life Policy, also known as a "second-to-die" policy.
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A company's break-even point in sales revenue is $300,000. Its variable expenses are 60% of sales. What level of sales revenue would this company need in order to achieve an operating profit of $40,00
To calculate the level of sales revenue needed to achieve an operating profit of $40,000, we need to consider the company's fixed expenses and variable expenses.
The break-even point in sales revenue is the point at which total revenue equals total expenses, resulting in zero profit. In this case, the break-even point is given as $300,000.
The variable expense ratio is 60%, which means that 60% of each sales dollar goes towards variable expenses. Therefore, the contribution margin (1 - variable expense ratio) is 40%.
To calculate the fixed expenses, we can use the formula:
Fixed expenses = Break-even point / Contribution margin
Fixed expenses = $300,000 / 0.4
Fixed expenses = $750,000
Now, to determine the required sales revenue to achieve an operating profit of $40,000, we can use the formula:
Required sales revenue = Fixed expenses + Desired operating profit
Required sales revenue = $750,000 + $40,000
Required sales revenue = $790,000
Therefore, the company would need to achieve sales revenue of $790,000 in order to achieve an operating profit of $40,000.
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TRUE OR FALSE an inventory turnover of 3.65 means that, on average, items of inventory sat on a retailer's shelves for 100 days before being sold.
True. An inventory turnover of 3.65 means that, on average, items of inventory sat on a retailer's shelves for 100 days before being sold is true.
The frequency of inventory over time. Annual sales or use is called accounting inventory turnover. Calculated to determine if a business has excess inventory relative to sales. The formula for calculating inventory turnover is cost of goods sold divided by average inventory. Inventory turnover is often referred to as inventory turnover, inventory turnover, merchandise turnover, or inventory turnover.
A low turnover rate can indicate excess inventory, obsolescence, lack of product lines, or ineffective marketing. However, a lower rate may be desirable, such as when inventory is increasing in anticipation of a sharp price increase or expected shortage in the market.
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TRUE. An inventory turnover of 3.65 means that, on average, the items of inventory are sold and replaced 3.65 times in a year. To calculate the number of days an item sat on the retailer's shelves before being sold, you can divide 365 days in a year by the inventory turnover rate of 3.65, which gives you an average of 100 days.
True. An inventory turnover of 3.65 means that, on average, the entire inventory is sold and replaced 3.65 times in a year. To find the average number of days an item sits on the retailer's shelves before being sold, you can use the following formula:Days in a year / Inventory Turnover = Average Days on Shelf :365 days / 3.65 = 100 days
So, on average, items of inventory sit on the retailer's shelves for 100 days before being sold.
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A General Ledger uses transactions
from
to get its
information.
A. Receipts
B. A Balance Sheet
C. Journal Entries
D. Other Ledgers
A General Ledger uses Option C. Journal Entries to get its information.
Journal entries are the primary inputs of financial transactions in accounting systems. They record transactions in the chronological order in which they occur. These entries provide an audit trail that can be used to trace the financial transactions of an organization back to its source. The general ledger (GL) is the principal accounting ledger in which transactions are recorded for the purpose of producing financial statements.
A GL is a financial statement that contains all the accounts for an entity's assets, liabilities, equity, revenue, and expenses. The balances in these accounts form the basis for the entity's financial statements. The general ledger serves as the foundation for recording financial transactions. It summarizes all the financial transactions of an organization and provides a centralized view of the organization's financial position.
The general ledger is populated with transaction data from a variety of sources, including journal entries, subsidiary ledgers, bank statements, and other financial records. These records provide the data needed to create financial statements, such as income statements, balance sheets, and cash flow statements.
In conclusion, journal entries are the primary source of information for the general ledger, which is used to produce financial statements. The general ledger is the foundation of the accounting system, and it provides a centralized view of an organization's financial position. Therefore, the correct option is C.
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(in metres): perimeter of the sand pit. Perimeter of circle = 2 nr (n = 3,142)
Answer:
pjdjdj xjsk-jhdjdi jjdjidid
Need asap
Submit your essay on what's next for digital video in the future.
Answer:
I feel that this will all change because of all the emerging technology that is evolving in just 2018 and is still evolving today. I think that all of the desktops will become more portable an have more features while the common laptop will do the same also there will be even fewer people going out to shop at malls or clothing stores (because of online shopping) which means these local businesses will not be able to pay the rent or they will have to cut down on employment or even lower the hourly wage. This combined will snowball and be even worse by the future
Explanation:
I hope I've done a good answer, have a good day :)
lamboria republic is facing a high rate of inflation, and the government debt in the country is also high. as a result, the country's business environment is beginning to deteriorate, and the profits of the business enterprises are hurt. according to this information, lamboria republic is facing what type of risk?
Lamboria Republic is facing a high rate of inflation, and the government debt in the country is also high. As a result, the country's business environment is beginning to deteriorate, and the profits of the business enterprises are hurt. According to the given information, the Lamboria Republic is facing: economic risk.
Economic risk is defined as the risk that is associated with a nation's economic policies and conditions. This type of risk arises due to changes in economic conditions like inflation, exchange rates, interest rates, and government debt.
According to the given information, Lamboria Republic is facing a high rate of inflation, and the government debt in the country is also high. As a result, the country's business environment is beginning to deteriorate, and the profits of the business enterprises are hurt. Hence, the country is facing economic risk.
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A willing buyer who seeks a seller exclusively on Craigslist in search of a four-drawer file cabinet for $25 is the offeree, because he is the buyer. False False True True
The given statement about a willing buyer who makes an offer being the offeree, because he is the buyer is TRUE.
What is a Contract?This refers to the formal agreement that exists between two or more parties about a particular thing, usually backed by law.
Hence, we can see that based on the fact that the willing buyer has searched for a seller on Craigslist and wants to buy a cabinet for $25, then he is the offeree because he is the buyer based on his willingness to buy.
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____________ packaging is for shipping purposes, while _____________ packaging carries legal and labeling information.
Tertiary packaging is for shipping purposes, while secondary packaging carries legal and labeling information.
What is packaging?Packaging is defined as the science, technology and art of enveloping or protecting commodities for storage, distribution, use, and sale. Packaging also means the activity of evaluating, designing and making packages.
Types of packaging:
There are three types of packaging:
Primary PackagingSecondary PackagingTertiary packaging.Primary packaging is the packaging of the internal products, Secondary packaging contains legal and labeling information, whereas tertiary packaging is used for shipment.
Therefore, packaging is important for the product to make it safe.
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Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads 'R' Us. Unless the agreement is signed, no one is awarded a franchise. Salads 'R' Us maintains that the agreement is necessary to preserve uniformity and quality in all franchise outlets. The purchasing requirement is:A) an illegal tying arrangementB) valid as a quality control mechanism for protection of goodwill.C) coercion and is invalid.D) None of the above
Answer:
B) valid as a quality control mechanism for protection of goodwill.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as Salads 'R' Us do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
The purchasing requirement in this scenario is valid as a quality control mechanism for protection of goodwill because it facilitates and promotes uniformity and quality in all Salads 'R' Us franchise outlets by ensuring that they will use napkins and dressings purchased from them (franchisor).
PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Which type of employer could offer a 403(b) retirement plan to its employees?
A. car dealership
B. computer manufacturer
C. grocery store
D. public school
Answer:
D. public school
Explanation:
It is only available for non-profitable jobs.
Answer:
public schools
Explanation:
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
a small business has determined that the machinery they currently use will wear out in 18 years. to replace the new machine when it wears out, the company wants to establish a savings account today. if the interest rate on the account is 1.5 percent per quarter and the cost of the machinery will be $275,000, how much will the company have to deposit today?
The corporation must deposit $75,022.47 today. The likelihood of theft or money loss decreases the faster cash and checks can be deposited.
A company deposit is what?Company Fixed Deposits are deposits made with businesses by investors for a set period of time at a set interest rate. Such deposits are also accepted by financial institutions and Non-Banking Finance Companies (NBFCs).
What amount of money can be deposited?The daily cash deposit cap for savings accounts in India is fixed at one lakh and is the same across all Indian banks. Depositing more above Rs. 1 lakh in a savings account with an Indian bank could attract the attention of the Income Tax authority and be viewed as unethical.
- PV = $335,000/1.021^18×4 = $75,022.47
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Kaylin works in the Manufacturing career cluster. The daily tasks of her career involve looking at ways that her company is at risk for causing problems to the health of its workers. She also analyzes those problems and comes up with solutions to implement.
What job does Kaylin most likely have?
Occupational Health and Safety Specialist
Environmental Science and Protection Technician
Quality Control Analyst
Product Safety Engineer
Answer:
A-Occupational Health and Safety Specialist
Explanation:
Occupational Health and Safety Specialist. Hence, option A is appropriate.
What is the meaning of Health?A state of complete physical, mental, and social well-being is referred to as health. A balanced diet and consistent exercise are necessary for a healthy life cycle. Additionally, one needs to maintain appropriate hygienic practices, live in a decent shelter, and get adequate sleep.
Your lifestyle should include a commitment to good health. A healthy lifestyle can aid in the prevention of chronic diseases and debilitating conditions. Your self-esteem as well as self-image depend on how you feel about yourself and how well you take care of your physical and mental well-being. Living a healthy lifestyle means taking care of your body.
Personal health is divided into five categories: physical, emotional, social, spiritual, and intellectual.
The WHO Constitution defines "health" as "a condition of complete physical, mental, and social well-being and not only the absence of disease or disability." Balanced health is based on five pillars: activity, diet, sleep, stress reduction, and social interaction. While we can borrow from or swap out part of the balance in one area for another, when we take too much of too many of these fundamentals, our general health begins to deteriorate.
Hence, option A is correct.
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Act ii costumes has a quick ratio of 3.5:1, $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. What are its current liabilities?
Answer:
$40,000
Explanation:
Based on the given information, the current liabilities will be 40,000.
What are current liabilities?
Current liabilities are debts or obligations owed by a corporation to others that are due within one year or during the typical operating cycle of the business, whichever is longer.
To calculate the current liabilities, the formula used will be
Quick ratio = (cash + accounts receivable) / current liabilities
3.5 = Cash + accounts receivable/current liabilities
3.5 = $120,000 + $20,000 / current liabilities
current liabilities = $40,000
Therefore, the current liabilities in the given case are $40,000.
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an action taken to stop the import or export of goods and services completely
The action taken to stop the import or export of goods and services completely is called an embargo. An embargo is a government-imposed restriction that prohibits the trade of certain goods or services with specific countries or groups of countries for political, economic, or social reasons.
Embargoes are a tool used by governments to influence foreign policy and can have a significant impact on international trade and global markets. In some cases, embargoes may be partial, limiting only specific types of products or services.
However, when an embargo is complete, it effectively stops all trade with the affected countries or groups.
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What is the best idea when you are filling out tax forms for the very first time?
suppose that 6-month, 12-month, 18-month, 24-month, and 30-month zero rates are 4%, 4.2%, 4.4%, 4.6%, and 4.8% per annum with continuous compounding respectively. estimate the cash price of a bond with a face value of 100 that will mature in 30 months and pays a coupon of 4% per annum semiannually.
Bond valuation is a method for figuring out an individual bond's hypothetical fair value.
What is bond valuation?Bond valuation is a method for calculating the hypothetical fair value of a specific bond. A bond's face value, sometimes referred to as its par value or cash flow, and the value of the bond at maturity are both calculated as part of the valuation process.Finding a bond's fair market value is known as bond valuation. The present value of the stream of cash flows that a bond is anticipated to provide is its theoretical fair value, just like it is for any other security or capital instrument.Here is a presentation of the bond value formula: Price=Price=(Coupon×1−(1+r)−nr)+Par Value(1+r)n Price = ( Coupon × 1 − ( 1 + r ) − n r ) + Par Value ( 1 + r ) n , where: The cash flow received prior to the par value is known as the coupon. The quantity of interim compounding periods is n.Given data :
To estimate the cash price of a bond, the first step is to calculate the coupon payment per period. In this case, the bond pays a coupon of 4% per annum semiannually. Given that the face value of the bond is $100, the coupon payment per annum is 0.04 x $100 = $4. Because the coupon is paid every six months (semiannually), the coupon payment per six month is $4/2 = $2. This means that the bondholder will receive a coupon of $2 in 6, 12, 18, 24, and 30 months. In 30 months, the bondholder will also receive the face value of $100. Therefore, the bondholder will receive $2 in 6, 12, 18, and 24 months, and $102 in 30 months.
The second step is to calculate the present values of coupon payments and face values of the bond. The formula for calculating the present value of $x with continuous compounding and interest rate of r is:
PV = \(xe^{-r*t}\)
where t is the number of years to receive $x. This requires an information on the interest rates to use. We were given the 6-month, 12-month, 18-month, 24-month, and 30-month zero rates. These zero rates are the interest rates earned on today's investments which lasts for 6, 12, 18, 24, and 30 months, respectively. These rates can be used to find the present values of coupon payments and face values of the bond.
Given that the 6-month zero rate is 4%, the present value of the $2 received in 6 months (0.5 year) is 2\(e^{-0.04 * 0.5}\) = 1.9604
Given that the 12-month zero rate is 4.2%, the present value of the $2 received in 12 months (1 year) is 2\(e^{-0.042 * 1}\) = 1.9177
Given that the 18-month zero rate is 4.4%, the present value of the $2 received in 18 months (1.5 years) is 2\(e^{-0.044 * 1.5}\) = 1.8723
Given that the 24-month zero rate is 4.6%, the present value of the $2 received in 24 months (2 years) is 2\(e^{-0.046 * 2}\) = 1.8242
Given that the 30-month zero rate is 4.8%, the present value of the $102 received in 30 months (2.5 years) is 2\(102e^{-0.048 * 2.5}\) = 90.4659.
The last step is to calculate the cash price of the bond by summing the present values of coupon payments and face value of the bond calculated in the previous step. Therefore, we have that, the cash price of a bond is 1.9604 + 1.9177 + 1.8723 + 1.8242 + 90.4659 = 98.0405. That is, the cash price is estimated to be $98.04.
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does anyone know any good spells
Answer:
abra cadabra
Explanation:
A large restaurant/catering establishment has 317 employees. Last
year 63 separate employees were injured on the job. What percentage of employees were
injured last year?
A large restaurant/catering establishment has 317 employees. Last year 63 separate employees were injured on the job 1/5 of the employees, or 19.87%, or almost 20%, were hurt.
We can estimate that 20% is roughly equal to 19.87%. 20% equals 0.2, or one fifth.
19.87% 20%
20% Equals 0.2
0.2 = 1/5
Divide the smaller number by the larger number in order to first determine the percentage. Our result is 0.1987. By multiplying by 100, you may calculate the percentage of a hundred that is present: 19.87%.
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What societal force was in place in mainstream American culture until the 1960s that resulted in separation of people along racial and other lines
Answer:
segregation
Explanation:
There was a societal force that was in place in mainstream American culture until the 1960s. This societal force was segregation that resulted in the separation of people along racial and other lines.
The United States remains a segregated society in respect of housing patterns and church membership despite all the legal changes that have taken place since the 1960s.
Suppose the demand for coffee went from 12 million cups at $2 to 15 million cups at $1.50. Calculate the price elasticity of demand using the mid-point formula. Instructions: Round your answer to two decimal places. If you are entering a negative number be sure to include a negative sign (-) In front of that number. The price elasticity of demand is approximately:[
The price elasticity of demand is approximately -0.22. Round answer to two decimal places
To calculate the price elasticity of demand using the mid-point formula, we need the initial quantity demanded (Q1), final quantity demanded (Q2), initial price (P1), and final price (P2).
Q1 = 12 million cups
Q2 = 15 million cups
P1 = $2
P2 = $1.50
Using the mid-point formula, the price elasticity of demand (PED) can be calculated as follows:
PED = ((Q2 - Q1) / ((Q2 + Q1) / 2)) / ((P2 - P1) / ((P2 + P1) / 2))
Substituting the given values into the formula:
PED = ((15 - 12) / ((15 + 12) / 2)) / (($1.50 - $2) / (($1.50 + $2) / 2))
Simplifying the equation:
PED = (3 / 13.5) / (-0.50 / 1.75)
PED ≈ -0.222
Rounding to two decimal places, the price elasticity of demand is approximately -0.22.
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1
Select the correct text in the passage.
What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil.
Answer:
The decision to give up visiting popular Ouro Preto. (i think! :))
Explanation:
Opportunity cost is the profit lost when one choice is chosen over different. The idea is valuable only as a suggestion to consider all logical choices before making a judgment. If economists regard to the “opportunity cost” of a support, they indicate the importance of the next-highest-valued alternative use of that support.
I have an interview in a few days, at CherryBerry. Any tips/advice?
Answer:
be patient
be careful when giving sample cups
Explanation:
Answer:
- Practice having an interview. Answer basic, complex and frequently asked interview questions.
- Prepare questions to ask the interviewer.
Explanation:
What is a key aspect of the global economy that works against you when trying to save and invest?
Answer: Instability in currencies and crude oil
Explanation:
Investing and saving takes a toll on individuals when there in an unstable economy, they may have some property or money and in some moment it losses value. The following are global key aspect of the economy that can affect investment and saving;
-Instability of currencies; for someone whose local currency is far lower than dollars(the general trading currency), they would find it hard to invest most especially if the country imports most of what they use. They could get an item for a particular price in January and in the next week's, their local currency falls, they may not be able to afford that same item they got.
- Crude oil price; due to a large percentage of the world uses crude oil, it's rise and fall in prices affects a lot of people and their investment
An airline knows that there are two types of travelers: business travelers and vacationers. For a particular flight, there are 100 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay $300 for a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is $20,000, which includes the cost of the pilots, flight attendants, fuel, etc. How much profit will the airline earn if it engages in price discrimination
Answer:
The answer is "$55000".
Explanation:
When discrimination against prices is practicable, $600 would be charged to travelers and $300 to tourists. Now,
Total revenue(TR) \(=P \times Q\)
\(=600\times 100+300 \times 50 \\\\ =600\times 100+15,000 \\\\ =60,000+15,000 \\\\=\$75,000\)
Total Cost(TC)\(=\$20000\)
Profit\(=TR-TC\)
\(=\$75000-\$20000 \\\\ =\$55,000\)
In the context of business-to-business marketplaces, the term ________ refer to the markets that comprise of firms operating within a certain industry sector.
In the context of business-to-business marketplaces, the term vertical markets refer to the markets that comprise of firms operating within a certain industry sector.
What are vertical markets?A vertical market is a market that consists of a number of connected businesses and clients in a single industry.
Businesses in a vertical market are sensitive to the specific requirements of that market and typically do not cater to a larger market.
Vertical marketplaces often have their own set of commercial norms as a result. They could also have substantial entrance hurdles for new businesses.
There are numerous prospects for all kinds of firms on the worldwide market.
Providers in the vertical market concentrate on particular products and services that cater to a particular customer base.
A company that operates in or seeks to enter a vertical market will typically need to have a somewhat different strategic stance than a company that operates in a horizontal market.
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Five hair stylists at a salon perform 12 haircuts in two hours. One of the stylists,
Francesca, is leaving the salon after 10 years. Francesca usually performs 2
haircuts per hour. Which of the answer choices is correct?
The salon's average product of labor will decrease when Francesca leaves the salon in the given circumstances.
How is the average product of labor determined?The average product of labor (APL) gauges the typical output of each employee. The total product is simply divided by the workforce. The total output of labor divided by the quantity of workers employed, or Q/L, yields the average product of labor (APL). A popular metric for assessing labor productivity is the average product of labor.
The form of the AP curve on the left suggests that as more workers are hired, AP initially increases to a maximum before decreasing. The average output (or products) that each input produces is referred to as an "average product", factors of production like labor and land.
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hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation: