Answer:
The isoquants will be straight parallel lines.
Explanation:
In the given secanrio copper or bronze may be used to produce jewellery. The utility derived from use of either one is the same. They are perfectly interchangeable. Therefore copper and bronze are perfect substitutes.
The isoquant curve shows all combinations of input that can be used to produce units of output.
For goods that have perfect substitution the isoquants are straight lines that are parallel to each other. The marginal rate of technical substitution is 1, and isoquant have slope angle of 45° with each axis.
Find attached an illustration of this. So copper is a perfect substitute for bronze.
Answer:
Explanation:
the file attached shows the solution to the three questions asked i hope it helps. thank you
Answer and Explanation:
The computation of the equivalent units for direct material and conversion is shown below:
<u>Particulars Total units Direct materials Conversion
</u>
Inventory in process,
November 1 5000 0 3000
Started and
completed in November 90000 90000 90000
Transferred to Winding
Department in November 95000 90000 93000
Inventory in process,
November 30 6200 6200 3720
Total 101200 96200 96720
Answer:
Hi there! Hope this helps you!
Explanation:
Three goals: Exercise,eat healthy, and do my work on time
I would write these on a paper and then I will check them with a pen, and every month I will try to do it and make a habit.
I dont know if this helped....
Have a great day!
