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aliina [53]
3 years ago
8

Consider the following production​ function: q equals 8 LK plus 5 Upper L squared minus (one third )Upper L cubed . Given the fo

llowing expressions for the marginal productivity of each​ input: MP Subscript Upper L Baseline equals 8 Upper K plus 10 Upper L minus Upper L squared and MP Subscript Upper K Baseline equals 8 Upper L Assuming capital is plotted on the vertical axis and labor is plotted on the horizointal​ axis, determine the value of the marginal rate of technical substitution when K​ = 20 and L​ = 15. ​(Round your answer up to two decimal places and include the proper​ sign.) MRTS​ = nothing.

Business
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

Explanation:

The below picture attached shows all the explanation required for this problem. I hope it works. Thank you

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The zero coupon bonds of JK Industries have a market price of $211.16, a face value of $1,000, and a yield to maturity of 7.39 p
Nutka1998 [239]

Answer:

It will take about 22 years until the bonds mature.

Explanation:

This can calculated as follows:

BP = FV/(1 + r)^n ..................................... (1)

Where;

BP = Bond price = $211.16

FV = Face value of $1,000

r = Yield to maturity = 7.39%, or 0.0739

n = number of years for the bond to mature = ?

Substituting the values into equation (1) we have:

211.16 = 1,000/(1 + 0.0739)^n

211.16 [(1.0739)^n] = 1,000

(1.0739)^n = 1,000/211.16

(1.0739)^n = 4.73574540632696

Log-linearizing the above, we have:

nln (1.0739) = ln(4.73574540632696)

n = ln(4.73574540632696)/ln (1.0739)

  = 1.55513913902672/0.0712968818820338  

  = 21.8121620185272

n = 22 years approximately

Therefore, it will take about 22 years until the bonds mature.

4 0
3 years ago
Yared plc assembles and sells bicycles in bahir dar city. the company expects to sale 400 bicycles for br. 600 each in 2015. the
enot [183]

a. The number of units to be sold for Yared Plc to break-even is 250 units.

b. The number of units to be sold to earn a target operating income of br. 90,000 is 700 units.

c. The sales amount for Yared Plc to earn a target net income of br. 63,000 is 700 units.

Data and Calculations:

Sales units of bicycles = 400 units

Selling price per unit = br. 600

Total variable costs = br. 160,000

Unit variable cost = br. 400 (br. 160,000/400)

Contribution margin per unit = br. 200 (br. 600 - br. 400)

Fixed costs = br. 50,000

Tax rate = 30%

Net income = income after tax

= 1 - 30%

= 70%

a. The number of units to be sold for Yared Plc to break-even is given by Fixed Costs/Contribution margin per unit

= br. 50,000/br. 200

= 250 units.

b. The number of units to be sold to earn a target operating income of br. 90,000 is given as (Fixed Costs + Target Profit)/Contribution margin per unit

= (br. 50,000 + br. 90,000)/br. 200

= br. 140,000/br. 200

= 700 units.

c. The sales amount for Yared Plc to earn a target net income of br. 63,000 is (br. 50,000 + br. 63,000/(1 - 30%)/br. 200

= (br. 50,000 + br. 90,000)/br. 200

= br. 140,000/br. 200

= 700 units.

Learn more about contribution margin and target profit here: brainly.com/question/25638811

3 0
2 years ago
Frank is an employee of Guitar Makers, LLC. Guitar's employee manual states that workers, such as Frank, will be dismissed only
sladkih [1.3K]

Answer:

Contract theory

Explanation:

Contract theory -

It refers to the study of the ability of the people or the organisation to generate and develop the legal agreements is referred to as the contract theory .

The theory is based on economic as well as financial behaviors .

The method is helpful to provide information about the contracts and their provisions along with the memorandums of understanding and letters of intent .

Hence , from the given information of the question ,

The correct answer is Contract theory .

4 0
3 years ago
5. A firm currently produces its desired level of output. Its marginal product of labor is 400, its marginal product of capital
gizmo_the_mogwai [7]

Answer:

D.

Explanation:

Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal.

7 0
3 years ago
In a 100-percent reserve banking system, if people decided to decrease the amount of currency they held by increasing the amount
MariettaO [177]

Answer:

a M1 would not change.

Explanation:

the checkable deposits are part of M1 as well as the currency and coins. Therefore, a component of M1 decrease (currency) while another of M1 (checkable deposits) increase.

As the banking system works with a 100-percent required reserve there is no multiplier effect from the deposit therefore M1 do not change.

8 0
3 years ago
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