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Nadusha1986 [10]
2 years ago
9

Suppose the production function is given by Q = 4K + 6L. What is the average product of capital when 10 units of capital and 5 u

nits of labor are employed? Group of answer choices
Business
1 answer:
Lana71 [14]2 years ago
3 0

Answer:

The average of the product of capital is 7

Explanation:

The average of the product of capital is computed by using this equation or formula :

AP = aK + bL / K

where

AP is Average Product

k is Capital, which is 10 units

L is Labor, which is 5 units

ak where a is the component which is 4

bL where b is the component which is 6

So, putting the values above in the formula:

AP = 4(10) + 6(5) / 10

AP = 40 + 30 / 10

AP = 70 / 10

AP = 7

Therefore, the average product is 7

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Answer and Explanation:

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b

Quick ratio =( Current assets - inventory ) ÷ Current Liabilities

= ($440,000 - $140,000 ) ÷ $200,000

= 1.5

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Suppose a nation opened its borders to the free flow of workers from other nations. how would this event likely affect the long-
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3 years ago
The annual earnings of a typical investor are
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Answer:

The answer Is c

Explanation:

4 0
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(tco 4) a market contains subgroups of people with varying interests, values, and behaviors.  to maximize your effectiveness in
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6 0
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Nelson Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
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