1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bond [772]
3 years ago
8

Suppose that the production function faced by a 30-weight ball bearing producer is given by Q- 4KL, where MP = 2K2 and MP = 2K L

. Do both labor and capital display di- minishing marginal products? Find the marginal rate of technical substitution for this production function. (Hint: The MRTS = MP MP ) Does this production function display a diminishing marginal rate of substitution? b . Suppose that the production function faced by a 40-weight ball bearing producer is given by Q- 4K, where MP = 4L and MP = 4K. Do both labor and capital display diminishing marginal products?

Business
1 answer:
Delicious77 [7]3 years ago
6 0

Answer and Explanation:

The answer is attached below

You might be interested in
Subway, the sandwich shop, is run by Jim, Tim and Kim. When a customer arrives, Jim spends 5 minutes taking order from the custo
Marizza181 [45]

Answer:

22 minutes minimum time

Explanation:

In the given scenario Subway sandwich shop has given its processes and time of each process.

We are to calculate the minimum time it will take to process a order. So we add all the times

Below is breakdown of the process time

Jim take orders 5 minutes

Tim prepares bread and Kim prepares filling for the order 7 - 10 minutes. We use 7 minutes since we are looking for minimum time.

Jim then assembles the bread 5 minutes

Time delivers order and takes payment 5 minutes

Total time = 5 + 7 + 5 + 5 = 22 minuites

6 0
3 years ago
Managers should avoid satisficing in the ____ stage of the managerial decision-making process.
kap26 [50]

The answer is selecting an alternative. It is because it is not always satisfying or a guarantee of using an alternative in the stage of managerial decision making process because sometimes it won’t suit or will be helpful in solving the problem.

7 0
3 years ago
Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a
mote1985 [20]

Answer:

Direct labor cost= $31,200

Explanation:

Giving the following information:

Production= 48,000 units

Standard time= 3 minutes per unit

Rate= $13 per hour

First, we need to calculate the number of hours required:

The proportion of minuted per hour= 3/60= 0.05

Number of hours= 48,000*0.05= 2,400 hours

Now, the direct labor cost:

Direct labor cost= 2,400*13= $31,200

7 0
3 years ago
Which of these careers is most likely to be appropriate for a person who values adventure?
Zanzabum
Photojournalist or a smoke jumper?
8 0
3 years ago
Read 2 more answers
Tài liệu về NVL X tại 1 DN tính và nộp thuế GTGT theo phương pháp khấu trừ tháng 03/N
hram777 [196]

Answer::!;!,!’cldldkfnbbfndkdfkf

Explanation:

Fbxnbdndndnxnxfnnfncdk

8 0
3 years ago
Other questions:
  • In the united states about ________ of all jobs are in consumer services.
    10·1 answer
  • Below is selected financial information for Panettone, Inc. Balance Sheet ($ in Millions) Income Statement ($ in Millions) Asset
    13·1 answer
  • Salt is the product formed by a reaction in which _______ atoms of an acid are replaced by the atoms of a metal.
    13·1 answer
  • Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    11·1 answer
  • Since the colonial period, the census has revealed
    13·1 answer
  • Sellers may choose not to sell in certain markets if:
    14·1 answer
  • A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 27,100 uni
    15·1 answer
  • You are an engineering technologist employed by H. L. Winman and Associates, and you are engaged in a lake-level measurement pro
    10·1 answer
  • Which of these describes one function of a household in the economy? buys finished products sells finished products taxes finish
    6·1 answer
  • . If the company produces 5,000 fewer units than it sells in its second year of operations, will absorption costing net operatin
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!