Define the marginal revenue of labour.
What will be an ideal response?
The marginal revenue of labour is the money generated by the sale of the marginal product-the additional output from the employment of one additional person.
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There is an inverse relationship between the assessment of risk of material misstatement in an account and the amount of evidence required
a. True b. False Indicate whether the statement is true or false
Mel agrees to work as a freight broker for National Shipping Inc. In determining whether a contract has been formed, an element of prime importance is the parties’
A. intent. B. character. C. subjective beliefs. D. motives.
Answer the following statements true (T) or false (F)
1. A typical word processor document uses a grid to organize the page. 2. Flush right alignment is comfortable to most Western readers because we encounter it when reading books and other printed materials. 3. Flush right alignment is often an effective emphasis strategy to attract readers’ attention. 4. To create tables that are easy to read, use negative space instead of grid lines.
Suppose the September CBOT Treasury bond futures contract has a quoted price of 89'09. What is the implied annual interest rate inherent in this futures contract?
A. 6.32% B. 6.65% C. 7.00% D. 7.35% E. 7.72%