Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Problem:

Joe is tax accountant. He receives $100 per hour doing tax returns. He can type 10,000 characters per hour in spreadsheets. He can appoint an assistant who types 2,500 characters per hour in spreadsheets. Which of following statements is true?

1. None of these answers are true.

2. Joe should appoint the assistant as long as he pays the assistant less than $25 per hour.

3. Joe should appoint the assistant as long as he pays the assistant less than $100 per hour.

4. Joe should not appoint an assistant because the assistant can’t type as fast as he can.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M914095

Have any Question? 


Related Questions in Macroeconomics

Pick a product or service you use in your everyday life and

Pick a product or service you use in your everyday life and describe the market for this product.  For this paper we will use the UBER driving service.  Please make sure to address the following questions: 1. What factor ...

A large number of firms selling homogenous identical

A large number of firms selling homogenous (identical) products serve an industry. Each of the firms has the following cost structure: + 10Q + Q2, so that +2Q. The firm-level cost structure holds regardless of how many f ...

Assume that the bank holds no excess reserves and that the

Assume that the bank holds no excess reserves and that the required  reserve ratio  equals 10% of deposits. If a customer deposits $5,000, what would be the total increase in checking account balances throughout all bank ...

Suppose the governor of california has proposed decreasing

Suppose the governor of California has proposed decreasing toll rates on California's toll roads and has presented two possible scenarios to implement these increases. The following are projected data for the two scenari ...

Assume the economy is in long run full employment

Assume the economy is in long run full employment equilibrium with unemployment at the full employment rate of 6% and inflation of 4%. In this situation what would happen to aggregate demand and aggregate supply, unemplo ...

In times of a struggling economic situation determine the

In times of a struggling economic situation, determine the key steps that the Federal Reserve should take to help stabilize the economy. Next, explain how your proposed steps will affect money supply, interest rates, inf ...

1 a assume a country is in a fixed exchange rate regime

1. a. Assume a country is in a fixed exchange rate regime such as China. Explain what factors might cause individuals to expect that a country will revalue its currency. Explain the various actions that policy makers can ...

Explain how a 4-period moving average time series can be

Explain how a 4-period moving average time series can be constructed manually. You can use a simple example of your choice.

Using an is-lm model under a flexible exchange rate regime

Using an IS-LM model, under a flexible exchange rate regime, show how the domestic economy reacts to a decrease in foreign income. Is there a real response in the economy in terms of output levels?

The basic primitive keynesian macro-economic model focuses

The basic (primitive) Keynesian macro-economic model focuses solely upon the determination of equilibrium in the real sector (goods market). This is made possible by the assumption that the interest rate (RD) is constant ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro