All categories

3 years ago

You just purchased an existing business that produces solar panels according to the following production function:

Business

1 answer:

frez [133]3 years ago

4 0

Answer:

$50

Explanation:

In the production function, Q = K0.5L0.5,

K denotes the fixed input in the short run.

First, we calculate the total cost:

Cost of Capital= 25 x $1 = $25

Cost of Labor (for a start 25 workers are used)= 25 x $1 = $25

Total= $50

Since the price of the solar panels is $100, substrating from the total cost $50 (100-50) we get $50 profit per unit of solar panel.

You might be interested in

Trevor is watching a late night TV show when a low-budget commercial for a local restaurant comes on air. He is affronted by the

tangare [24]

Answer: Peripheral route.

Explanation:

Persuasion is the ability to convince one or more people about something, to think in a certain way, or to do something in particular.

The persuasion follows two routes; the central route, and the peripheral route:

The central route of persuasion occurs when the person is persuaded by the message received.
The peripheral route of persuasion occurs when the person is persuaded by something different than the message, such as how the message is presented.

In this case, Trevor was guided by what he saw to decide, so he followed the peripheral route of persuasion.

I hope this information can help you.

5 0

3 years ago

A company produces alternators for cars. They generally use a static budget with the following costs based on 8,000 units per mo

Daniel [21]

Answer:

$70,875

Explanation:

By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.

If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:

Indirect materials, $22,000/8000*9000 = 24,750;

Indirect labor, $25,000/8000*9000 = 28,125 ;

Utilities, $12,000/8000*9000 = 13,500;

Supervision, $4,000/8000*9000=4,500

Total of variable costs = ........................70,875

3 0

3 years ago

Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.

VikaD [51]

Answer:

$281,612

Explanation:

Plane Operating Cost = Fixed cost + (Variable cost per unit1 × q1) + (Variable cost per unit 2 × q2)

Plane Operating Cost = $40,190 + ($2709*88) + ($10 * 303)

Plane Operating Cost = $40,190 + $238,392 + $3,030

Plane Operating Cost = $281,612

So, the plane operating costs in the planning budget for August would be $281,612

6 0

3 years ago

Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is that you will draw two cards

Solnce55 [7]

Answer:

Total bet amount= -$2

Explanation:

In a card deck of 52 cards we have 13 diamond cards. Cards are drawn without replacement.

Probability of the first card being diamond = 13/52

Probability of the send card being diamond= 12/51

So the probability for both cards being diamond = (13/52)*(12/51)= 0.0588235

Bet amount for 2 diamonds= probability* amount received

Bet amount for 2 diamonds= 0.0588235* $30= $1.765

Probability of no diamond= 1- 0.0588235

Probability of no diamond= 0.94118

Bet amount for no diamonds= 0.94118* (-$4)

Bet amount for no diamonds= -$3.765

Total bet amount= Bet amount for diamonds + bet amount for no diamonds

Total bet amount= $1.765+ (-$3.765)

Total bet amount= -$2

6 0

3 years ago

In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the beginning work in process and the c

frozen [14]

Answer:

ending work in process and the cost of units transferred out.

Explanation:

In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the ending work in process and the cost of units transferred out.

The cost reconciliation schedule gives the relationship between total costs accounted for and total costs to be accounted for.

When the total costs accounted for equal the total costs to be accounted for, this is a cost reconciliation schedule.

8 0

3 years ago