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3 years ago

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Suppose the current level of output is 5000 and the elasticity of output with respect to capital is 0.4. A 10% increase in capit

al would increase the current level of output to ___________.
A) 5020
B) 5050
C) 5200
D) 5500

1 answer:

allsm [11]3 years ago

7 0

C iw your answer :))))

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Materials Conversion

Equivalent units 985,000 892,500

Explanation:

a) Data and Calculations:

Materials Conversion

Units transferred out 800,000 800,000

Ending WIP 185,000 92,500 (185,000 * 50%)

Equivalent units 985,000 892,500

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