You put $300 into a savings account with an interest rate of 8% which earns $144.00 over a period of

Ayala Inc. has conducted the following analysis related to its product lines, using a traditional costing system (volume-based)

GalinKa [24]

Answer:

1) Part 1. Operating Income = Revenue - Operating cost

=201,000 - 56,000

=$145,000

Part 2. Operating Income = Revenue - Operating cost

= 159,000 - 55,000

= $104,000

Part 3. Operating Income = Revenue - Operating cost

= 89,000 - 15,000

=$74,000

2. Part 1. Operating Income = Revenue - Operating cost

=201,000 - 45,600

=$155,400

Part 2. Operating Income = Revenue - Operating cost

=159,000 - 25,000

=$134,000

Part 3. Operating Income = Revenue - Operating cost

=89,000 - 55,400

=$33,600

7 0

3 years ago

Afirm has production function q=10"(L^0.5)*(K^0.5), where "L"0.5" means "L raised to the 0.5 power," and the same applies to the

Amanda [17]

Answer:

(A) 15 × p

(B) $225\times p{^2}$

(C) $P\times 5\times k^{0.5}$

Explanation:

(B) direct= demand function of labor will be,

Q: f(w),

where Q is labor demand quantity and is function of wage

K=9 constant, then production function changes to,

$=30L^{0.5}$

Marginal product of labor:

$= 15L^{-0.5}$

Marginal revenue product or value of marginal product:

$=15p\times L^{- 0.5}$

This is showing what revenue a firm will generate due to hiring one additional unit of labor.

So firm will keep hiring until the revenue the additional labor is generating is equal to its hiring cost or wage.

So, putting MRP or VMP to wage:

$P\times15\times L^{-0.5}=W$

By solving,

$\frac{(225\times p^{2})}{W^{2}}=L$

And the multiplicative term is $225\times p{^2}$

(A) Inverse demand function of labor will be,

W: f(Q)

where W is wage rate and demand function of labor demanded quantity.

As previously solved,

$P\times15 \times L^{0.5}=W$

and the multiplicative constant term is 15 × p.

(c) In long run capital will also variate, so production function will be,

$=10L^{0.5}\times k{^0.5}$

$MP=\frac{(5\times k^{0.5})}{L^{0.5}}$

$VMP=\frac{P(5\times k^{0.5})}{L^{0.5}}$

( p is market price of good that firm is producing using labor)

putting it equal to Wage)

$W=\frac{(5\times k^{0.5})}{L^{0.5}}$

and the constant term is $P\times 5\times k^{0.5}$ .

Note:

I did a) second place and b) on first . I already put the serial alphabet on the start of the answer.

8 0

3 years ago

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. What is another way to

Degger [83]

Answer: There has been a drop in demand.

Explanation:

The strength and sustainability of a business is the demand in the market, it would be painful and a loss making so many productions and there is little or nothing for demand at the moment. So the target is way to make sure there is a demand on the long run which will match up the production.

3 0

3 years ago

Johnson & Coleman has created a new line of premium quality writing desks. The company marketed the product by highlighting

KIM [24]

Answer:

I believe the answer is d

Explanation:

4 0

3 years ago

Assume the lunch plate industry in Oahu, a perfectly competitive industry, is in long-run equilibrium with a market price of $5.

Wewaii [24]

Answer:

Explanation:

The lunch plate industry in Oahu is a perfectly competitive industry.

This industry is also a decreasing cost industry. A decreasing cost industry can be defined as the type of industry where an increase in the number of firms in the industry causes the average production cost to decline.

The industry is currently in long-run equilibrium and has the price level at $5.

As the demand increases, the price level will initially increase. But this increase in the price will cause the profits to increase and thus attract potential firms to join the market.

As the number of firms increases the average cost of production will decrease. As a result, the supply in the market will increase more than the demand.

So the long-run equilibrium will be reestablished at a lower price than earlier.

7 0

3 years ago