Conclusion about anti dumping

Afirm has production function q=10"(L^0.5)*(K^0.5), where "L"0.5" means "L raised to the 0.5 power," and the same applies to the

Amanda [17]

Answer:

(A) 15 × p

(B) $225\times p{^2}$

(C) $P\times 5\times k^{0.5}$

Explanation:

(B) direct= demand function of labor will be,

Q: f(w),

where Q is labor demand quantity and is function of wage

K=9 constant, then production function changes to,

$=30L^{0.5}$

Marginal product of labor:

$= 15L^{-0.5}$

Marginal revenue product or value of marginal product:

$=15p\times L^{- 0.5}$

This is showing what revenue a firm will generate due to hiring one additional unit of labor.

So firm will keep hiring until the revenue the additional labor is generating is equal to its hiring cost or wage.

So, putting MRP or VMP to wage:

$P\times15\times L^{-0.5}=W$

By solving,

$\frac{(225\times p^{2})}{W^{2}}=L$

And the multiplicative term is $225\times p{^2}$

(A) Inverse demand function of labor will be,

W: f(Q)

where W is wage rate and demand function of labor demanded quantity.

As previously solved,

$P\times15 \times L^{0.5}=W$

and the multiplicative constant term is 15 × p.

(c) In long run capital will also variate, so production function will be,

$=10L^{0.5}\times k{^0.5}$

$MP=\frac{(5\times k^{0.5})}{L^{0.5}}$

$VMP=\frac{P(5\times k^{0.5})}{L^{0.5}}$

( p is market price of good that firm is producing using labor)

putting it equal to Wage)

$W=\frac{(5\times k^{0.5})}{L^{0.5}}$

and the constant term is $P\times 5\times k^{0.5}$ .

Note:

I did a) second place and b) on first . I already put the serial alphabet on the start of the answer.

8 0

3 years ago

perfectly competitive firm sells pineapples for $4 each. MR = MC at a quantity of 600 units. Average total cost at the profit

mart [117]

Answer:

$ 750

Explanation:

Total cost = average total cost × quantity = $ 2.75 × 600 = $ 1650

Total revenue = price × quantity = $ 4 × 600 = $ 2400

profit = $ 2400 - $ 1650 = $ 750

5 0

2 years ago

The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the

Bond [772]

The growth rate is a measure of the rate at which a country's population is increasing.

The growth rate of a population measures the percentage increase in the value of a quantity.

For example, if the growth rate of a population is 10%, if the town currently has 1000 people, next year population would be: 1000(1.1) = 1100 people.

Factors that leads to increases in a population

Migration
Birth

To learn more, please check: brainly.com/question/15133607

3 0

2 years ago

At the beginning of the year, accounts receivable were $146,000 and the allowance for bad debts was $11,700. During the year, sa

Julli [10]

Answer:

Ending balance Accounts Receivable $153,800 Ending balance Allowance for Bad Debts $14,300

Net Accounts Receivable at end of year $139,500

Explanation:

Calculation for the balances at the end of the year for both Accounts Receivable and Allowance for Bad Debts accounts

T ACCOUNT

ACCOUNT RECEIVABLE

DEBIT SIDE

Beginning balance $146,000

Sales on account $602,000

Total $748,000

Ending balance $153,800

($748,000-$594,200)

CREDIT SIDE

Cash collections $582,000

Bad Debts written off $12,200

Total $594,200

T ACCOUNT

ALLOWANCE FOR BAD DEBT

DEBIT SIDE

Bad Debts written off $12,200

Total $12,200

CREDIT SIDE

Beginning balance $11,700

Bad debts expense $14,800

Total $26,500

Ending balance $14,300

($26,500-$12,200)

Calculation for Net Accounts Receivable at end of year:

Net Accounts Receivable at end of year = ($153,800-$14,300)

Net Accounts Receivable at end of year=$139,500

Therefore the Ending balance for Accounts Receivable is $153,800 and Allowance for Bad Debts is $14,300 while the Net Accounts Receivable at end of year is $139,500

4 0

3 years ago

Identify the cultural differences between Greece and Switzerland as per the GLOBE project

7nadin3 [17]

Identify the cultural differences between Greece and Switzerland as per the GLOBE project

your answer is here

3 0

2 years ago