Answer:
$100 = $10PL + $20PK
Explanation:
Computation for the equation of the isocost line
Using this formula to compute the equation of the isocost line
Total cost=Price of labor (PL)+Price of capital (PK)
Where,
Total cost=$100
Price of labor (PL)=$10
Price of capital (PK)=$20
Now Let plug in the formula to compute the equation of the isocost line
$100 = $10PL + $20PK
Therefore the equation of the isocost line corresponding to a total cost of $100 will be $100 = $10PL + $20PK
Answer and Explanation:
In the case when the budget balance of the Conania varies i.e. from positive to negative so the capital inflow would decrease
Now this impact private investment spending in such a way that the situation would become worst and this would lead a serious crowding effect that ultimately reduce the economy
Hence, the same is relevant
The marginal cost of the second meal deal is $5.
<h3>What is the marginal cost?</h3>
The marginal cost is the change in total cost when consumption is increased by one unit.
Marginal cost = change in total cost / change in consumption
($15 - $10) / (2 - 1) = $5
To learn more about marginal cost, please check: brainly.com/question/16399134
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Answer:
c. $1,300 gain
Explanation:
In this scenario, Susan recognized a $1,300 gain on this sale. This is because Susan originally purchased the stock for a total price of $6,000. When she sold the stock, she sold it for a higher price than what she originally paid for it therefore recognizing a gain. To calculate this gain we simply subtract her initial purchase price from her selling price of the stock which would give us a $1,300 gain.
$7,300 - $6,000 = $1,300
