Efficiently scheduling material and labor is an example of _______________

You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 2. If you want to increase

lukranit [14]

Answer:

the seller must lower the price by 12.5%

5 0

3 years ago

Read 2 more answers

What is the range for the relative price of cloth such that the economy produces both cloth and food? From _______ to _______ .

dezoksy [38]

The answer is explained in detail below

Explanation:

$a_{KC} = 2$

$a_{LC} = 2$

$a_{KF} = 3$

$a_{LF} = 1$

Labor, L = 2000; Capital, K = 3000

Labour constraint,

$2Q_{c} + Q_{F} \leq 2000$

Capital constraint ,

$2Q_{c} + 3Q_{F} \leq 3000$

Solving the equation further, we get

$Q_{F} \leq 2000 - 2Q_{C}$

$Q_{F} \leq 1000 - \frac{2}{3} Q_{C}$

The range for the relative price of cloth such that the economy produces both cloth and food is 2/3 and 2

Low cloth production → economy will use relatively more labor to produce cloth → opportunity cost of cloth is 2/3rd units of food.
High cloth production → economy dips on labor → taking capital away from food production → raising opportunity cost of cloth to 2 units of food.

If relative price of cloth lies between 2/3 and 2 units of food, the economy produces both goods.
If the price of cloth decreases below 2/3 → complete specialization in food production → low compensation for producing cloth
If the price of cloth rises above 2 → complete specialization in cloth production → low compensation for producing food

4 0

3 years ago

Calculate the portfolio required rate of return (rs) for the Wagner Assets Management Group, which holds 4 stocks. The expected

Ivahew [28]

Answer:

11.10%

Explanation:

For computing the portfolio required rate of return first we have to calculate the portfolio beta which is shown below:

Portfolio Beta = Beta of Stock A × Weight of Stock A + Beta of Stock B × Weight of Stock B + Beta of Stock C × Weight of Stock C + Beta of Stock D × Weight of Stock D

= 1.50 × $200,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) 0-.50 × $300,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) + 1.25 × $500,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) + 0.75 × $1,000,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000)

= .7625

Now the portfolio Required Rate of Return is

Required Rate of Return = Risk Free Rate + Beta × (Market Rate of Return - Risk Free Rate)

= 5% + .7625 × (13% - 5%)

= 11.10%

We simply applied the above formulas

5 0

3 years ago

Six equal partners own a local pizzeria. The partners have made a tremendous profit and bought many personal items such as cars,

Tanya [424]

Answer:

Money to be paid by each partner individually is $112,500

Explanation:

Let A and B are partners of a share amount Z

If A's amount is x and share of B's amount is y, then share of A is calculated as

x / (x + y) * z

Number of partners in Pizzarie is 6 with all having equal shares

Value of business is $675,000

Damage to be paid is $1.2 million

Hence, the money to be paid by each partners individually is:

= $675,000 / 6

= $112,500

Therefore, money to be paid by each partner individually is $112,500

5 0

3 years ago

Determine the amount of producer surplus generated in the following situation. SoHee advertises her car for sale in the usedca

abruzzese [7]

Answer:

The answer is: $0

Explanation:

Producer surplus is the difference between the maximum price a suppler is willing and able to sell its product and the price of the product.

SoHee was willing to sell her car for at least $1,500, but she wasn't able to do so since the fair market price is $1,200. So, producer surplus is $0.

6 0

3 years ago

Efficiently scheduling material and labor is an example of ________________ decisions