Your enterprising uncle opens a sandwich shop that employs seven people. These employees are paid $6 per hour and a sandwich sells for $3. Your uncle is maximizing profit at all times. What is the value of the marginal product of the last worker your uncle hired? What is the last worker’s actual marginal product?

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading