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please check the table and answer all the questions since its part of one problem. 10.50 is the rate from question 1. also please check
please check the table and answer all the questions since its part of one problem.
10.50 is the rate from question 1.
Inputs (Labor) Answers to 0 1 Beta Company Table (Schedule) Per Hour MP TP (Output) P TR MRP ? 24 ? 25 ? 26 MRC ? 28 13 13 1.90 24.70 24.70 10.50 25 1.85 30 2 3 4 5 6 7 8 9 10 12 11 10 9 8 7 6 5 4 6 70 76 81 85 1.65 1.60 1.55 1.50 1.45 46.25 64.80 80.50 93.50 104.00 112.00 117.80 121.50 123.30 22.20 19.80 17.50 15.30 13.21 11.20 9.30 7.50 5.80 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 COMMUNICATION ASSINMENT 2302 28. Use the identical wage rate per hour from question 1. Fill in the Wage Rate in the (MRC) column on the leta table (schedule) 29. Based upon the profit maximizing equation profit maximizing occurs at__inputs (Labor) for the Beta Company, Note: Use a highlighter of your preference and highlight the row that will represent profit maximizing for Beta Company, in Total Revenue on a per hour basis 30. At profit maximizing, Beta Company will earn 31. Compute the Total Cost of Labor (TC) for Beta Company on a per hour basis. The TCS 32. Compute the Economic Profit (EP) for Beta Company on a per hour basis. The EP is Note: Beta Company produces 50 weeks per year. Two weeks of shutdown are required per year in order to maintain productive efficiency. The company operates a five-day workweek, sight hour days, forty hours per week. 33. Based upon the above-mentioned information, compute the number of hours per year Beta Company can produce. The production hours per year for Beta Company is 34. Based upon the answer to question 32 and question 33, the Total Economic Profit for Heta Company per year is 35. The Beta Company detailed above is considered a select the correct answer) a price maker or a price taker. 36. The Beta Company detailed above is considered a (select the correct answer) wape taker or wage maker. 37. The Beta Company detalled above sells its product in (select the correct answer) a Perfect or imperfect market. 38. Which two column labels (inputs, MP, TP, P, TR, MRP or MRC)on the Alpha and Beta table (schedule) identify the Demand for Labor curve? The and columns Inputs (Labor) Answers to 0 1 Beta Company Table (Schedule) Per Hour MP TP (Output) P MRP ? 24 ? 25 ? 26 TR MRC ? 28 13 13 1.90 24.70 24.70 10.50 2 3 4. 12 11 10 5 8 6 7 25 36 46 55 63 70 76 81 85 1.85 1.80 1.75 1.70 1.65 1.60 1.55 1.50 1.45 46.25 64.80 80.50 93.50 104.00 112.00 117.80 121.50 123.30 22.20 19.80 17.50 15.30 13.21 11.20 9.30 7.50 5.80 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 7 6 9 10 to Mhan inn 5 4 Inputs (Labor) Answers to 0 1 Beta Company Table (Schedule) Per Hour MP TP (Output) P TR MRP ? 24 ? 25 ? 26 MRC ? 28 13 13 1.90 24.70 24.70 10.50 25 1.85 30 2 3 4 5 6 7 8 9 10 12 11 10 9 8 7 6 5 4 6 70 76 81 85 1.65 1.60 1.55 1.50 1.45 46.25 64.80 80.50 93.50 104.00 112.00 117.80 121.50 123.30 22.20 19.80 17.50 15.30 13.21 11.20 9.30 7.50 5.80 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 COMMUNICATION ASSINMENT 2302 28. Use the identical wage rate per hour from question 1. Fill in the Wage Rate in the (MRC) column on the leta table (schedule) 29. Based upon the profit maximizing equation profit maximizing occurs at__inputs (Labor) for the Beta Company, Note: Use a highlighter of your preference and highlight the row that will represent profit maximizing for Beta Company, in Total Revenue on a per hour basis 30. At profit maximizing, Beta Company will earn 31. Compute the Total Cost of Labor (TC) for Beta Company on a per hour basis. The TCS 32. Compute the Economic Profit (EP) for Beta Company on a per hour basis. The EP is Note: Beta Company produces 50 weeks per year. Two weeks of shutdown are required per year in order to maintain productive efficiency. The company operates a five-day workweek, sight hour days, forty hours per week. 33. Based upon the above-mentioned information, compute the number of hours per year Beta Company can produce. The production hours per year for Beta Company is 34. Based upon the answer to question 32 and question 33, the Total Economic Profit for Heta Company per year is 35. The Beta Company detailed above is considered a select the correct answer) a price maker or a price taker. 36. The Beta Company detailed above is considered a (select the correct answer) wape taker or wage maker. 37. The Beta Company detalled above sells its product in (select the correct answer) a Perfect or imperfect market. 38. Which two column labels (inputs, MP, TP, P, TR, MRP or MRC)on the Alpha and Beta table (schedule) identify the Demand for Labor curve? The and columns Inputs (Labor) Answers to 0 1 Beta Company Table (Schedule) Per Hour MP TP (Output) P MRP ? 24 ? 25 ? 26 TR MRC ? 28 13 13 1.90 24.70 24.70 10.50 2 3 4. 12 11 10 5 8 6 7 25 36 46 55 63 70 76 81 85 1.85 1.80 1.75 1.70 1.65 1.60 1.55 1.50 1.45 46.25 64.80 80.50 93.50 104.00 112.00 117.80 121.50 123.30 22.20 19.80 17.50 15.30 13.21 11.20 9.30 7.50 5.80 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 10.50 7 6 9 10 to Mhan inn 5 4 also please check the table and make sure its right especially the last column.
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