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Natasha2012 [34]
3 years ago
6

Do the following functions exhibit increasing, constant, or decreasing returns to scale? What happens to the marginal product of

each individual factor as that factor is increased and the other factor held constant?
a. q= 3L+2K

b. q= (2L + 2K)^.5

C. q=3LK^2

d. q=L^.5K^.5

e. q=4L^.5 + 4K
Business
1 answer:
Phantasy [73]3 years ago
8 0

Answer:?????????????????????????????

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Jones Company uses the weighted-average method in its process costing system. The Finishing Department started the month with 40
Vaselesa [24]

Answer:

Units Completed and Transferred: 2,700

Explanation:

Units Completed and Transferred: Beginning Units in Process + Units Received -  Ending Units in Process

Beginning Units in Process:                400

Units Received:                                 2,500

<u>Ending Units in Process:                     (200)</u>

Units Completed and Transferred:  2,700

6 0
3 years ago
At its simplest, the term "sovereign' refers to the source of _____ in a political community.
hammer [34]
Independance. a sovereign state is one who has a permanent population, a defined territory, a government and so on.
3 0
3 years ago
A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol
ankoles [38]

Answer:

Correct option is A

“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option  

Explanation

It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.  

4 0
3 years ago
Read 2 more answers
Philip Morris bought Miller Brewing and launched low-calorie beer, at a time when consumers had the impression that low-calorie
Olenka [21]

Answer: Points of indifference

Explanation: Point of indifference can be defined as that level of EBIT at which two alternative financial plans have same amount of net income. It is used by managers as an evaluating tool, when it comes to choose between two cost structures which are alternative of one other.

In the given case, the company must have  build point of indifference before launching of new product, and must have expected higher profits than normal beer.

4 0
3 years ago
Ekmark Corporation uses the following activity rates from its activity based costing to assign overhead costs to products: Activ
mel-nik [20]

Answer:

The correct answer is $10,014.40.

Explanation:

According to the scenario, computation of the given data are as follows:

Total cost of assembling = $6.56 × 240 = $1,574.40

Total cost of processing customer order = $65.38 × 48 = $3,138.24

Total cost of setting up batches = $82.84 × 64 = $5,301.76

So, we can calculate the total overhead cost by using following formula:

Total Overhead = $1,574.40 + $3,138.24 + $5,301.76

= $10,014.40

8 0
3 years ago
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