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siniylev [52]
3 years ago
11

The following data were collected during a study of consumer buying patterns:

Business
1 answer:
makvit [3.9K]3 years ago
7 0
Dude what is this even for i have never seen this in my life wow i wish the best of luck to you because that is a doozie.
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At Lequals86​, Kequals90​, the marginal product of labor is 8 and the marginal product of capital is 2. What is the marginal rat
Sidana [21]

Answer:

0.25

Explanation:

The marginal rate of technical substitution (MRTS) can be described as the rate of a reduction is one factor to maintain the same production level when another factor is increased.

Given that labor is measured on the horizontal axis, the MRST of K for L can be calculated as follows:

MRST_{KL} = \frac{MP_{K} }{MP_{L} }

Where;

MPK =  Marginal product of capital = 2

MPL = Marginal product of labor = 8

Substituting the values into the equation, we have:

MRST_{KL} = \frac{2}{8} =\frac{1}{4} = 0.25

This implies that 0.25 of capital must be given up to have one unit of labor.

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2 years ago
At a promotion interview, it is important to ________.
stich3 [128]
Be honest about your qualifications
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3 years ago
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A poll asked adults in a certain country whether immigration was a good thing or a bad thing for the country. out of 10871087 ​r
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395395/10871087 x 100%= 3.64% of people said it was a good thing
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2 years ago
A customer has requested that Lewelling Corporation fill a special order for 2,400 units of product S47 for $36 a unit. While th
yKpoI14uk [10]

Answer:

Effect on income= $38,640 increase

Explanation:

Giving the following information:

Units= 2,400

Seling price= $36

Variable cost per unit:

Direct materials $4.80

Direct labor 4.00

Variable manufacturing overhead 1.90

Total variable cost= 10.7

Increase in variable cost= $1.70

Increase in fixed costs= $18,000

<u>Because it is a special offer, there is unused capacity, and other sales will not be affected, we will take into account only the incremental fixed costs (besides the variable costs).</u>

Sales= (2,400*36)= 86,400

Total variable cost= 2,400*(10.7 + 1.7)= (29,760)

Increase fixed costs= (18,000)

Effect on income= $38,640 increase

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3 years ago
okay so my attendance is REALLY bad in high school ( I’m a junior rn) like all 3 years my attendance has been lacking &amp; is t
Lana71 [14]

Answer:

Not unless your grades reflect that i think you should be okay

Explanation:

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