Human capital theory assumes that people are paid at the value of their:
A. minimum capacity for work
B. marginal product
C. reservation wage
D. current life situation
E. gross profit margin
Answer: B
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A merchandising business acquires and holds inventory in only one form-finished and ready for sale
a. True b. False Indicate whether the statement is true or false
If the price per unit is $34 and the variable cost per customer is $17, calculate the margin per unit
A) $2 B) $51 C) $25.5 D) $8.5 E) $17
When a speaker mentions the other causes in her or his speech and explains why this cause, the cause presented in the speech, should be the focus, that speaker is using what strategy?
a. inoculation b. anticipatory argument c. smoothing the road d. none of the above
Clevenger Co. planned to produce and sell 30,000 units with a selling price of $10 per unit. Variable costs are expected to be $4 per unit and fixed costs are expected to be $80,000. Clevenger actually produced and sold 37,000 units.Using a contribution margin format:Prepare a flexible budget income statement for the actual level of sales and production.
What will be an ideal response?