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mariarad [96]
3 years ago
11

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 u

nits. Each unit of capital costs $10, each unit of raw materials, $4, and each unit of labour, $3.The per unit cost of production in this economy is:_______A) $1.00. B) $.10. C) $.05. D) $.50.
Business
1 answer:
arlik [135]3 years ago
6 0

Answer:

B) $.10.

Explanation:

All the cost used in the production process is called production cost.

Capital cost = Units x Cost per unit = 2 x $10 = $20

Raw Material cost = Units x Cost per unit = 5 x $4 = $20

Labor cost = Units x Cost per unit = 8 x $3 = $24

Total Cost = Capital cost + Raw Material cost + Labor cost

Total Cost = $20 + $20 + $24 = $64

Cost per unit = Total cost /  Number of units = $64 / 640 = $0.10

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A frequently used form of overdraft protection is A. when a merchant refuses to accept checks and therefore never has any checks
NemiM [27]
I would most likely go with C, overdraft protection lets you take money out that you don't have, it is normally a $35 dollar fee though
6 0
3 years ago
The PC Works assembles custom computers from components supplied by various manufacturers. The company is very small and its ass
Anvisha [2.4K]

Answer:

1. The cost of a hard drive installed in a computer. DIRECT MATERIAL COST.

The business of the company is to make computers so when it comes to hard drives, these are fundamental parts of a computer so they will be classified as direct materials since they are directly involved in the production process.

2. The cost of advertising in the Puget Sound Computer User newspaper. SELLING COST.

Advertising is done to be able to sell gods and services so it will fall under selling costs.

3. The wages of employees who assemble computers from components. DIRECT LABOR COST.

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4. Sales commissions paid to the company’s salespeople. SELLING COST.

Sales commissions are paid to encourage the salespeople to sell more so this is a selling cost as it is incurred to increase sales.

5 0
3 years ago
(Disregard income taxes in this problem.) Compute the following:a.An investment of $10,000 has an investment/inflow ratio of 6.2
aleksandrvk [35]

Answer:

Explanation:

a) Investment/flow ratio =10000/annual cash flow=6.2

So, the annual cash flow is 10000/6.2=1613

b) Investment/flow ratio =investment/2000=6.14

So, the investment is 2000*6.14=12280

4 0
2 years ago
If you had $500 to invest, what questions would you have as you decide how to invest your money?
solmaris [256]

Answer:

20,000

Explanation:

that's the answer thank you and stay safe and take care!!!

4 0
2 years ago
In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases,
nordsb [41]

Answer:

Option A is correct.

deficit; negative

Explanation:

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade <u>deficit </u>and <u>negaive</u> net capital outflow.

This corresponds to the concept of twin deficits where a budget deficit that results from increased government purchases, also results in current account deficit. Since trade deficit implies negative NX there is a negative NCO.

6 0
3 years ago
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