If labor is the only variable input, how much labor should the firm employ if the wage rate is $15 per day

Stuart Weddle's father is 55 years old and wants to set up a cash flow stream that would be forever. He would like to receive $15,000 every year, beginning at the end of this year.

What does macroeconomics focus on trying to understand

2) Manufacturing overhead includes: A) all direct material, direct labor and administrative costs. B) all manufacturing costs except direct labor. C) all manufacturing costs except direct labor and direct materials.

Rashan has been working as a pharmacist at a large drug store chain. He would like to open his own small pharmacy but is not sure if he could be successful given the predominance of large competitors.

When asked which of two countries has a larger population, participants are likely to judge the country that is more familiar to them as being more populous. which of the following best explains this finding?

It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and only all the firms being compared have the same proportion of fixed assets to total assets. a) trueb) false

Which of the following actions differentiates an entrepreneur from other small business owners?

Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.50 per direct labor-hour.

Which of the following is true of Finished Goods Inventory? A. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B.

Suppose a three-person comittee is formed for a culb by drawing names out of a hat. If the expected number of women is 2 and there are 10 men in the culb, how many women are in the club?