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Lynna [10]
3 years ago
8

Suppose that an economy produces 2400 units of output, employing the 60 units of input, and the price of the input is $30 per un

it. Refer to the information above. If productivity increased such that 3000 units are now produced with the quantity of inputs still equal to 60, then per-unit production costs would:
Business
1 answer:
lesya [120]3 years ago
3 0

Answer:

The answer is: The per unit production cost would be $48

Explanation:

If productivity increased by 25% so now 3000 units are being produced with the same input (60 units) then the per unit production cost will be:

         3,000 / 2,400 = $60 / X

         3,000X = (2,400 x $60) = $144,000

         X = 144,000 / 3000 = $48

If productivity increases, then the per unit production cost decreases.

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Ginny, a licensee, uses a preprinted contract in Tim's purchase of a new loft apartment. There is a discrepancy in the contract
777dan777 [17]

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The handwritten clause generally supersedes the preprinted clause.

Explanation:

5 0
3 years ago
In this market research step, the data are compiled, studied, and interpreted:
Nuetrik [128]

Answer:

Data Preparation/Assembling Analysis

Explanation:

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4 0
3 years ago
Martha receives $200 on the first of each month. Stewart receives $200 on the last day of each month. Both Martha and Stewart wi
Mekhanik [1.2K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Martha receives $200 on the first of each month. Stewart receives $200 on the last day of each month. Both Martha and Stewart will receive payments for 30 years. The discount rate is 9 percent, compounded monthly.

To calculate the present value, first, we need to determine the final value.

i= 0.09/12= 0.0075

n= 30*12= 360

<u>Martha:</u>

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

A= montlhy payment

FV= {200*[(1.0075^360)-1]}/0.0075 + {[200*(1.0075^360)]-200}

FV= 366,148.70 + 2,746.12

FV= 368,894.82

Now, the present value:

PV= FV/ (1+i)^n

PV= 368,894.82/ 1.0075^360

PV= $25,042.80

<u>Stewart:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly payment

FV= {200*[(1.0075^360)-1]}/0.0075

FV= 366,148.70

PV= 366,148.70/1.0075^360

PV= $24,856.37

Martha has a higher present value because the interest gest compounded for one more time.

3 0
3 years ago
Net income for the year was $29,500. Accounts receivable increased $2,500, and accounts payable increased $5,400. There were no
mylen [45]

Answer:

True

Explanation:

The net cash flow for the year can be calculated using the following equation:

net cash flow = net income + accounts payable - accounts receivable

net cash flow = $29,500 + $5,400 - $2,500 = $32,400

We have to subtract accounts payable since they were included in the net income but the cash has not been received yet.  

4 0
3 years ago
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