--%>

Marginal resource cost to hiring

Hulk counsels five clients at a time within exercise groups at Beefcake Body Builders. Hulk hourly wage is $17, and also Beefcake charges Hulk’s clients $20 for every hour-long fitness session. When fitness counselors are hired from competitive labor markets, in that case BBB’s marginal resource cost to hire Hulk is: (w) $17 per hour. (x) $85 per hour. (y) $100 per hour. (z) $170 per hour.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Managerial Economics

  • Q : Cost concept of business operation and

    Categories the cost concept of business operation and decision making?

  • Q : Illustrates the term Demand Function

    Illustrates the term Demand Function?

  • Q : What is Demand Forecasting What is

    What is Demand Forecasting?

  • Q : Aggregate Supply of Labor Labor

    Labor supplies for the economy as an entire are LEAST determined through: (w) labor unions. (x) wage rates and structures of wages. (y) education and training of the work force. (z) labor force participation rates. Hey friends plea

  • Q : Advantages and Disadvantage of Naïve

    What are the advantages and disadvantage of naive method?

  • Q : Analysis of Costs and Revenue with

    Refer to below figure. Assume that the firm is currently producing Q2units. What occurs if this expands output to Q3units: w) Its profit raises by the size of the vertical distance df. x) this makes less profit. y) this incurs a loss. z) this wil

  • Q : Signaling and Screening Completing your

    Completing your degree is probably to be a significant signal which will help you secure a well-paid job along with a bright future if potential employer: (1) want to ensure that job applicants have already obtained important amounts of specific human capital. (2) use

  • Q : Competitive Labor Markets Need

    Competitive equilibria in competitive labor markets need: (w) P = MR = AVC. (x) VMP - P is maximized. (y) VMP = MRP = MFC = w. (z) output is at a break-even level. (q) MPP = P. Can anybody suggest me the proper exp

  • Q : Forecasting demand what are the

    what are the criteria for good forecasting

  • Q : Illustrations of investments in human

    Illustrations of investments in human capital would comprise: (1) freeing slaves at the conclusion of the Civil War. (2) betting on the outcome of a professional wrestling match. (3) need people to pass a test on the U.S. Constitution before permittin