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1 year ago

if a firm is operating at the point of tangency between an isoquant and an isocost line, its production is:

1 answer:

Natasha2012 [34]1 year ago

4 0

If a corporation is working on the factor of tangency among an isoquant and an iso-cost line, its manufacturing is: each technically and economically efficient.

The required details for isoquant in given paragraph

Since the corporation is on an isoquant, it can not produce the identical quantity of output with fewer inputs, and so it's miles technically efficient. Since any motion alongside the isoquant will growth expenses with out converting output, the corporation is likewise economically efficient. An isoquant curve is a concave-fashioned line on a graph, used within side the have a look at of micro economics, that charts all of the factors, or inputs, that produce a unique stage of output. This graph is used as a metric for the have an impact on that the inputs—maximum commonly, capital and hard work—have at the available stage of output or manufacturing. The isoquant curve assists corporations and corporations in making changes to inputs to maximize manufacturing, and for that reason profits.

Most typically, an isoquant suggests combos of capital and hard work, and the technological tradeoff among the two—how a whole lot capital might be required to update a unit of hard work at a sure manufacturing factor to generate the identical output.

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N Force, a U.S. car manufacturing company, has expanded its business operations to China. Unlike their U.S. colleagues, many Chi

Ede4ka [16]

Answer:

c. Requesting leaders to impart the message to employees

Explanation:

As the culture of an organization that suits to china in terms of elders here the best way to pass the message i.e. from the leaders to the employees

The option c would represent the same and considered to be best suited in China with respect to the top-down hierarchical culture so that the message could be spreaded

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2 years ago

In order to produce a new product, a firm must lease equipment at a cost of $100,000 per year. The managers feel that they can s

bezimeni [28]

Answer:

$73 = unitary variable cost

Explanation:

<u>To calculate the unitary variable cost that will yield the break-even point, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

50,000= 100,000 / (75 - unitary variable cost)

3,750,000 - 50,000unitary variable cost= 100,000

3,650,000 = 50,000unitary variable cost

$73 = unitary variable cost

5 0

3 years ago

you lend a friend 10,000 dollars for which your friend will repay you 27,027 dollars at the end of 5 years. What interest rate a

Step2247 [10]

Answer:

The interest rate is "21.999%".

Explanation:

The given values are:

Amount lent,

= 10,000

Amount repaid,

= 27,027

Years (n),

= 5

As we know,

⇒ $Amount \ repaid = Amount \ lent\times (1+r)^n$

On substituting the given values, we get

⇒ $27,027=10,000\times (1+r)^5$

⇒ $\frac{27,027}{10,000}=(1+r)^5$

⇒ $2.7027=(1+r)^5$

⇒ $1+r = (2.7027)^{(1/5)}$

⇒ $1+r=1.21999$

On subtracting "1" from both sides, we get

⇒ $1+r-1=1.21999-1$

⇒ $r=0.21999$

i.e.,

⇒ $r=21.999 \ percent$

5 0

3 years ago

A company anticipates monthly sales of $300,000 for the months of April, May, June, and July. Materials represent 50% of sales,

Vlada [557]

The company's total cash payments in May is $195,500 and this can be determined by preparing a cash budget.

<h3>What is a cash budget?</h3>

A cash budget is a company's estimation of its cash inflows and outflows over a specified period of time. A cash budget provides a company with financial insight into its cash requirements, including shortages and surpluses. The preparation of a cash budget helps the company to determine an efficient use of its available cash.

Data and Calculations:

April May June July

Anticipated sales $300,000 $300,000 $300,000 $300,000

Purchases 150,000 $150,000 150,000 150,000

Labor costs 16,000 19,000 16,000 21,000

Fixed overhead 12,000 12,000 12,000 12,000

General and admin. exp. 2,000 2,000 2,000 2,000

Interest expense 2,500

Equipment purchase 10,000

Total cash payments in May $195,500

Thus, the company's total cash payments in May is $195,500.

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3 0

2 years ago

The concept of demand is best described as the quantity of a good or a service that people will offer for sale at different poss

Igoryamba

Answer:

the quantity of a good or a service that people are willing and able to purchase at different possible prices.

Explanation:

The demand concept would be refer to the various quantity amount in which the people are willing and able to buy at various prices so the demand concept deals with the goods or service quantity in which the purchaser would purchase at various prices that can be possible

Hence, the above represent the answer

7 0

3 years ago