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Novay_Z [31]
3 years ago
10

The Grapefruit Computer Company currently produces its desired level of output. Its marginal product of labor is 10, its margina

l product of capital is 50, the wage rate is $20, and the rental rate of capital is $100. In this case, the firm should:______.
a. employ more capital and more labor.
b. employ less labor and less capital.
c. employ less labor and more capital.
d. employ less capital and more labor.
e. not change its allocation of capital and labor.
Business
1 answer:
anastassius [24]3 years ago
6 0

Answer: d. employ less capital and more labor.

Explanation: Given the marginal product of labor equals 10 and a marginal product of capital equals 50, since the marginal product of capital is now considerably larger than that of labor, increasing labor should be prioritized at this point, because due to the marginal returns on capital may soon start to diminish especially with the high capital rate. And also, high capital rate of $100, which is considerably higher than the labor wage rate of $20, the firm should employ less capital and focus more on labor

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Alejandro works nights at a restaurant. His job is to prepare drinks for customers. He serves drinks directly to customers who s
Nina [5.8K]

A restaurant is a place where <u>food and drinks</u> are prepared and served to clients. Meals are often served and consumed on-site, however many restaurants also provide take-out and food delivery services.

Alejandro is a<u> bartender</u> and Mei is a<u> Chef</u>.

<h2 /><h2>The reasons for the selection of their Job position:</h2>

<h3>Alejandro:
</h3>
  • Alejandro works in a restaurant at night.
  • His work is preparing drinks for customers.
  • He serves drinks to those <u>sitting nearby</u>, but he also prepares drinks for <u>waiters to distribute</u> to guests around the restaurant.
  • Alejandro is almost certainly a bartender.

<h3>Mei:
</h3>
  • Mei works long hours as a waitress in a restaurant.
  • She creates the restaurant's menu, manages kitchen employees, and prepares food.
  • Mei is probably a chef or a cook.

For more information about the related question, refer below:

brainly.com/question/24531289

7 0
3 years ago
Miller and Sons' static budget for 9,500 units of production includes $44,100 for direct materials, $52,600 for direct labor, va
EastWind [94]

Answer:

The correct answer to the following question is , direct material is equal to $64,525, direct labor is equal to $76,962, variable utility is equal to $9072 and supervisor salary is $15,700

Explanation:

Given information -

Budget for 9500 units of production, where

Direct material = $44,100

Direct labor = $52,600

Variable utilities = $6,200

Supervisor salaries which is a fixed cost is = $ 15,700

Calculating the direct material, direct labor and variable utilities when budget is of 13,900 units -

Direct material  = $44,100 x 13,900 / 9500

= $64,525 ( approximately )

Direct labor = $52,600 x 13,900 / 9500

=$ 76,962 (approximately )

Variable utilities = $6,200 x 13,900 / 9500

= $9072 (approximately )

Supervisor salaries is fixed cost = $15,700

6 0
3 years ago
You are called by Tim Duncan of Spurs Co. on July 16 and asked to prepare a claim for insurance as a result of a theft that took
andrew11 [14]

Answer:

$23,003

Explanation:

Computation for the claim against the insurance company.

Using this formula

Claim against insurance company = Total cost of goods available for sales - Cost of goods sold - Owned inventory on hand on July 16

Let plug in the formula

Claim against insurance company= ($41,010 + 90,490) - [($119,400 - $3,960)*100/140)] - ($33,210- $7,170)

Claim against insurance company= $131,500 - $82,457 - $26,040

Claim against insurance company= $23,003

Therefore the claim against the insurance company is $23,003

4 0
3 years ago
Identify the type of writing/Essay.
Dimas [21]

was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

Explanation:

Identify the type of writing/Essay.

11. There was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

7 0
3 years ago
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, an
levacccp [35]

Answer:

Cerry Blossom Product Inc

the break-even quantity =   Fixed cost / contribution margin

contribution margin on the other hand is  sales price minus variable cost

             compoutation of contribution margin

                                               DVD             Equipment

                                                 $                        $

Price                                        11                        15

variable cost                        <u>   4   </u>                 <u>     7</u>

                                            <u>    7     </u>              <u>      8</u>

unit sold                             18,000                 4,500

sales ratio                               4                        1

weigheted average contribution margin =  ($7*4)   + ($8*1)

                                                                               4 + 1

                                                                  =    $36/5

                                                                  =  $7.2

Overall break-even quantity =   $84,000/$7.2

                                              =   11,667

Break-even unit :

DVD   =   (4  * 11,667)/ 5

         =    9,334units

Equipment sets =  ( 1 * 11,667)/5

                          =   2,333 units

Explanation:

this question is on multi- products.

The overall break-even quantity of the firm will be computed first using the weighted average contribution margin of the firm and common fixed cost.

The break-even quantity will later be divided between the two product based on their  sales ratio.

8 0
3 years ago
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