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

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 ...

Assignmentread reading material and go to to

Assignment Read Reading material and go to to https://www.cia.gov/library/publications/the-world-factbook to research and select a country for international expansion of business operations. Prepare a Word document of th ...

Appraise this statement in equilibrium a monopsonistic

Appraise this statement: In equilibrium, a monopsonistic hospital will hire fewer nurses at lower wages than would a hospital in a more competitive market, to the detriment of social welfare.

Questionas part of a marketing research committee for your

Question: As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper about current microeconomic thought and theory. Use  Principles of Microec ...

You live in a small town with only one grocery store the

You live in a small town with only one grocery store. The demand curve for food in your town is given by -1/5Q. the grocery store has a total curve given by TC = 50 + 1.25Q A) What is the profit maximizing price and quan ...

The present worth amount of a series of annual payments

The Present Worth amount of a series of annual payments extending over a period of 20 years is $25,000. Theequivalent annual amount of the series of payments is $2,000 per year. What is the rate of return for this series ...

If you are investing 500000 today in a company that is

If you are investing $500,000 today in a company that is promising to pay $1,000,000 at the end of 20 years, what is your expected rate of return for this investment? 50.2% 4.35% 12% 10% 3.53% 20%

A firm plans to raise 4 million by borrowing at an interest

A firm plans to raise $4 million by borrowing at an interest rate of 16% and to raise $1 million by issuing common stock. The firm's stock has a beta coefficient of 2, the risk free interest rate is 6%, the average rate ...

How would the assumption of perfect information in the

How would the assumption of perfect information in the theory of perfect competition render advertising utterly ineffective?

Economics assignment paragarphswrite 3 paragraphs answering

Economics Assignment Paragarphs Write 3 paragraphs answering the following questions: 1. How does each of the following relate to the financial crisis of 2007-2008: declines in real estate values, sub-prime mortgage loan ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen