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Thepotemich [5.8K]
1 year ago
7

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

Business
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.

To know about isoquant click here

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Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
astraxan [27]

Answer:

$1,073.60

Explanation:

bond's current price = PV of face value + PV of coupons

maturity = 10 years

face value = $1,000

coupon rate = 7% annual

market rate = 6%

PV of face value = $1,000 / (1 + 6%)¹⁰ =$558.39

PV of coupons = coupon x annuity factor (10 years, 6%) = $70 x 7.3601 = $515.21

market value at issue date = $558.39 + $515.21 = $1,073.60

since the bond's coupon rate was higher than the market rate, the bond was sold at a premium.

8 0
3 years ago
On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell Byron six carloads of steel at $600 a ton. Byron sai
Viktor [21]

<u>Explanation:</u>

In the given case it is valid contract as there is time, promise, benefit and obligation to do thing. But verbal contracts are difficult to prove. Stan and Byron have a verbal contract which is a promise for 10 days and the contract has exchange of goods for $600. Offer is made by Byron but the acceptance is not yet given by Stan.

Here only the offer is made and it is not yet accepted by Byron. here Stan has revoked the offer through letter so the revoke has been communicated to the other party through letter. So in this case there is no breach of contract as the contract was clearly revoked by Stan through his letter.

7 0
3 years ago
Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of re
ddd [48]

Expected rate of return is defined as the amount of money an individual gets on investment.

<h3>What is expected return?</h3>

The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.

Therefore, expected rate of return is defined as the amount of money an individual gets on investment.

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4 0
1 year ago
Identify a transition moment you could use to implement a new savings plan.
murzikaleks [220]

A typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

<h3>What is a Transition moment?</h3>

A transition moment is used to described a moment between an initial state and a final state.

<h3>What is savings plan?</h3>

A saving plan is any type of financial plan which aims to encourage saving of money or value for future use.

Hence, a typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

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7 0
2 years ago
Which of the following refers to the way that interest added to an account earns
prisoha [69]

Answer:

APY is when interest is added to an account that is earning the money so I belive that is the answer

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