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Natalija [7]
3 years ago
10

You manage a plant that​ mass-produces engines by teams of workers using assembly machines. The technology is summarized by the

production function qequals5KL where q is the number of engines per​ week, K is the number of assembly​ machines, and L is the number of labor teams. Each assembly machine rents for requals​$10 comma 000 per​ week, and each team costs wequals​$5 comma 000 per week. Engine costs are given by the cost of labor teams and​ machines, plus ​$3 comma 000 per engine for raw materials. Your plant has a fixed installation of 5 assembly machines as part of its design. The total cost of producing q units of output​ (TC) is:
Business
1 answer:
Mashcka [7]3 years ago
5 0

Answer:

$2200

Explanation:

will be Lq25.The total cost function is thus given by the sum of the costs of capital, labor, and rawmaterials:TC(q) = rK +wL +2000q = (10,000)(5) + (5,000)(q25) + 2,000 qTC(q) = 50,000 +2200q.The average cost function is then given by:AC(q) TC ( q ) q  50,000  2200 q q . and the marginal cost function is given by: MC ( q )   TC  q  2200.

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Answer: 6.49%

Explanation:

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Cross multiply

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106260 - 759000g = 57000

759000g = 106260 - 57000

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g = 49260/759000.

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g = 6.49%

6 0
2 years ago
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3 0
3 years ago
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List at least 6 things your credit card company must clearly disclose to consumers.
never [62]

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8 0
1 year ago
Molen Inc. has an outstanding issue of perpetual preferred stock with an annual dividend yield of 7.50% and a par value of $60.
maksim [4K]

Answer:

10.71%

Explanation:

The computation of the required rate of return on this preferred stock is shown below :

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= 7.50 ÷ $70

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By dividing the dividend from the market value of preferred stock  we can get the  Required return on preferred stock and the same is to be considered

therefore we ignored the par value i.e $60 as this is not relevant

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3 years ago
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lilavasa [31]
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