A local computer manufacturer hires an additional worker and pays $10.00 per hour for an
8-hour day. The worker is capable of assembling 3 computers an hour. The firm sells each
computer for $1,500.
What is the marginal physical product of this worker?
A) $80.00 per day B) 3 computers per hour
C) $1,500 per unit produced D) $10.00 per hour
B
Business
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A company sells a plant asset that originally cost $150,000 for $50,000 on December 31, 2007. The accumulated depreciation account had a balance of $60,000 after the current year's depreciation of $15,000 had been recorded. The company should recognize a
a. $100,000 loss on disposal. b. $40,000 gain on disposal. c. $40,000 loss on disposal. d. $25,000 loss on disposal.
Business
Unearned revenues are current liabilities until they are earned
Indicate whether the statement is true or false
Business