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Morgarella [4.7K]
3 years ago
9

Suppose that the production function is qequalsUpper L Superscript 0.50Upper K Superscript 0.50. What is the average product of

labor AP Subscript Upper L​, holding capital fixed at ModifyingAbove Upper K with caret​? A. AP Subscript Upper Lequalsq divided by Upper L. B. AP Subscript Upper LequalsUpper L Superscript negative 0.50ModifyingAbove Upper K with caret Superscript 0.50. C. AP Subscript Upper Lequals0.50Upper L Superscript negative 0.50ModifyingAbove Upper K with caret Superscript 0.50. D. Both a and b. E. All of the above.
Business
1 answer:
Mars2501 [29]3 years ago
5 0

Answer:

D. Both a and b

Explanation:

The average product of worker is a term of economy in which we identify the output per worker. This function enables to understand the output by each worker. The function can be written as

AP q/L

Where q is output and L is number of worker.

It enables to understand the average product of output over the input. The average product is useful to identify the production at specific level of input. This is a common measure for labor productivity.

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Prepare traditional and contribution margin income statements (Learning Objective 6) The Willowick Ice Cream Shoppe sold 8,700 s
Leto [7]

Answer:

Sales Revenues 26100

COGS              <u>    5655</u>

gross profit        20445

rent expense                 1600

depreciation expense   200

operating expense <u>2600</u>

net income                16045

   

Sales Revenues          26100

Variable Cost               <u>     6305 </u>

Contribution margin        19795

rent expense                     1600

depreciation expense       200

fixed operating expense<u>   1950  </u>

net income                   16045

Explanation:

traditional:

COGS

$12 tub / 30 ice cream cones = $0.40

+ 0.25 ice cream cones

total per unit 0.65

8,700 x 0.65 = 5655

Gross profit: sales revenue less COGS

then, we subtract the rent expense, depreicaiton expense and operatign expenses to get net income.

contribution the variable cost will be subtracted from the sales revenues

that will include the 75% of the operating expenses

The difference between sales revenue and variable cost is called contribution margin.

6 0
3 years ago
At Fantastic Flavors, a large regional chain of candy stores, employees from marketing, design, production, and finance departme
k0ka [10]

Answer:

The answer is: C) team-based new product development

Explanation:

Team based new product development: When a company assembles a cross functional team of employees form different departments to work on the development of new products or services.

This approach has the advantage of saving time over the traditional process of passing a new product from one department to another.

5 0
3 years ago
Which is an advantage to having an account at a consumer bank instead of a credit union
arlik [135]

Answer:

Credit unions

Explanation:

offer higher savings rates and lower interest rates on loans

8 0
3 years ago
Read 2 more answers
On January 1, 2009, a U.S. firm made an investment in Germany that will generate $5 million annually in depreciation, converted
Afina-wow [57]

Answer:

The expected real value (in terms of January 1, 2009, dollars) of the depreciation charge in year 2013 will be $1,958,815.416.

Explanation:

It is expected that the value of the dollar in the German market will fall at the same rate as that of the real market value of the dollar when we envisage the exchange rate will remain the same. Thus the depreciation of the tax write-off in terms of its real value in dollars will fall at 5% every year from 2009 to 2013.

Therefore, at a tax rate of 50% in Germany, a $2.5 million charge on depreciation on the investment of $5 million will result in 2013.

To calculate the real value of the dollar at an inflation of 5% yearly in 2013

When the tax rate in German is 50%, then charges of depreciation of $5 million will equal4$2.5 million in 2013 dollars. When the dollar's real value of this write-off is declining due to the inflation at 5% annually, the real value in 2013 will be calculated as:

Given: $2,500,000 (P/F , 5%, 5years) ;  0.78356 (factor for calculating the amount to be recieved after  5years)

= $2,500,000 * 0.78356

= $1,958,815.416

8 0
3 years ago
The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ___
gayaneshka [121]
Benefits is the correct answer
3 0
3 years ago
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