Oscar's flower shop maximizes profits by hiring four workers in a perfectly competitive labor market. the workers and their value of the marginal product of labor are noe, $40; barbara, $35; calvin, $27; and diana, $15. according to the marginal productivity theoryof income distribution, which of the following statements is true?

a)in equilibrium, each worker is paid his or her value of the marginal product of labor.
b)each worker is paid a wage equal to the highest value of the marginal product of labor(i. e., $40).
c)each worker is paid $15.
d)we need to know the product price before we can figure out the wage rate.

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past