Answer:
a. the increase in total resource cost associated with the production of one more unit of output.
Explanation:
Consider the following calculation
The MRC=TC at N inputs -TC at (N-1) inputs
The marginal resource cost is an addition cost of a new input hired.
Answer:
8375 units
Explanation:
Given: Fixed expenses = $52,000, Number of units to be sold = 6500 units, target profit = $15000
At breakeven; contribution margin = fixed cost = $52000
Hence contribution margin per unit = $52000/6500 = $8 per unit
Target contribution margin = Fixed cost + Target profits
= (52000+15000) = $67000
Hence sales in units = (67000/8) = 8375 units.
A) The cost to rebuild the house
This is due to the fact that there is no outstanding loan amount since the mortgage has been paid off.
Answer:
Please see explanation
Explanation:
To answer the given question, first we will calculate the theoretical future price which shall be determined using continuous compounding formula as follows:
Theoretical future price=400*e^(10%-4%)*4/12
=$408.08
The actual future price of a contract deliverable in 4 months is only $405 which means that the index future price is too low in relation to the index.
The suitable arbitrage strategy shall be:
1. to purchase the future contracts
2.Short sale the shares which are underlying the index
The correct answer for the question that is being presented above is this one: "F. i and iii" Then the firm is maximizing total profit by producing and selling 40 units of output and <span>earns a per-period total profit of $240 </span>
Here are the choices:
A. i
B. ii
C. iii
D. iv
E. i and ii
F. i and iii