Answer:
effective communication
Explanation:
Since Michael is communicating a very important message, it is essential for it to be effectively communicated. This is a crucial step related to making sure your message is structured, organized and easy to comprehend. Especially, it is important in messages like this one - introduction of new concepts/products, instructions to employees...
Effective communication is needed to avoid any potential misconceptions and consequences related to a badly interpreted message.
Answer: When a firm is operating in a perfectly competitive labor market: <u>"the firm can buy as much or as little labor as it wants at a fixed, going wage rate."</u>
Explanation:
1- "the wage the firm increases with the number of workers hired" - Is incorrect because The salary paid by the company is treated as a constant salary.
2- Correct.
3- "the firm’s marginal expense of labor (MEL) equals the cost of all workers hired." is incorrect because the firm’s marginal expense of labor (MEL) is equal to the salary (wage) rate.
Answer:
The correct answer is "relative prices; utility". A further explanation is provided below.
Explanation:
- The conditions of a connection or bond between variables customer demand or perhaps the proportion of such a given cost of production to the normal distribution of so many other products available throughout the marketplace.
- Individual's pleasure is usually measured by the consumption of that same goods and services.
Thus the above is the correct answer.
Answer:
Break-even point in units= 6,547 units
Explanation:
Giving the following information:
Selling price per unit $160
Variable expense per unit $91.50
Fixed expense per month $429,490
Desired profit= $19,000
<u>To calculate the number of units to be sold, we need to use the break-even point formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (429,490 + 19,000) / (160 - 91.5)
Break-even point in units= 6,547 units
Answer:
Deductible depreciation = $2,660
Explanation:
Given:
Amount of car = $14,000
Personal use = 30%
Business use = 70%
Total depreciation = $3,800
Deductible depreciation = ?
Computation of Deductible depreciation:
Deductible depreciation = Total depreciation × Business use percentage
Deductible depreciation = $3,800 × 70%
Deductible depreciation = $2,660