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
Scorpion4ik [409]
3 years ago
12

A competitive firm produces output using three fixed factors and one variable factor. The firm's short run production function i

s q = 305x - 2x2; where x is the amount of variable factor used. The price of output is $2 per unit and the price of the variable factor is $10 per unit. In the short run, how many units of x should the firm use?(a) 37(b) 150(c) 21(d) 75(e) None of the above.
Business
1 answer:
Nesterboy [21]3 years ago
6 0

Answer:

D) 75

Explanation:

Our initial production function is:

q = 305X - 2X²        

we calculate the derivative of q:

(q') = 305 - 4X

MP = 305 - 4X

$10 / $2 = 305 - 4X

5 = 305 - 4X

4X = 305 - 5 = 300

x = 300 / 4

x = 75

You might be interested in
A company received a bill for newspaper advertising services, $340. the bill will be paid in 10 days. how would the transaction
Sladkaya [172]

The transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

<h3>How is an accrued expense recorded?</h3>

An accrued expense refers to an incurred outgoing that the service has been enjoyed previously and payment is due later.

According to the matching principle and accrual concept of generally accepted accounting principles, all expenses incurred within a financial period must be recognized in that period whether cash has been exchanged or not.

Thus, the transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

Learn more about recording accrued expenses at brainly.com/question/14524895

#SPJ1

6 0
2 years ago
Accounts Payable: $19,207
lisabon 2012 [21]

Answer:

total liabilities = $169,008

Explanation:

total liabilities:

  • Accounts Payable: $19,207
  • Discount on Bonds Payable: ($7,000) ⇒ contra liability account
  • Sales Tax Payable: 3,512
  • FICA Tax Payable: 3,200
  • Bonds Payable: 100,000
  • Note Payable, due in two years 1,709
  • Unearned Service Revenue 30,500 ⇒ must be reported as a liability
  • Salaries and Wages Payable 17,880

to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008

7 0
2 years ago
The current price of a non-dividend-paying stock is $40. Over the next year it is expected to rise to $42 or fall to $37. An inv
jek_recluse [69]

Answer:

D. $0.93

Explanation:

Upmove (U) = High price/current price

                    = 42/40

                    = 1.05

Down move (D) = Low price/current price

                          = 37/40

                          = 0.925

Risk neutral probability for up move

q = (e^(risk free rate*time)-D)/(U-D)

  = (e^(0.02*1)-0.925)/(1.05-0.925)

  = 0.76161

Put option payoff at high price (payoff H)

= Max(Strike price-High price,0)

= Max(41-42,0)

= Max(-1,0)

= 0

Put option payoff at low price (Payoff L)

= Max(Strike price-low price,0)

= Max(41-37,0)

= Max(4,0)

= 4

Price of Put option = e^(-r*t)*(q*Payoff H+(1-q)*Payoff L)

                               = e^(-0.02*1)*(0.761611*0+(1-0.761611)*4)

                               = 0.93

Therefore, The  value of each option using a one-period binomial model is 0.93

8 0
3 years ago
Question 10 plagiarism is committed when a writer takes _____ from another source (internet, textbook, another student's work) a
iris [78.8K]
Another student’s work
4 0
3 years ago
Read 2 more answers
Sonya is considering launching a daycare center in her community and uses information from the U.S. Census Bureau to determine t
Angelina_Jolie [31]

Answer: Secondary research

Explanation: In simple words, secondary research refers to analyzing an existing research done by some other party for the benefit of oneself.

  In the given case, Sonya is planning to start a day center and for the objective of analyzing the market and the potential customers she used the data from the research that is conducted by the US census bureau.

  Hence from the above we can conclude that Sonya is using secondary research.

4 0
3 years ago
Other questions:
  • A manufactured product has the following information for June. Standard Actual Direct materials (5 lbs. @ $7 per lb.) 39,400 lbs
    15·1 answer
  • Jeremy runs a SCUBA diving shop in Cozumel, Mexico. Jeremy has tailored his diving operation to serve serious divers preferring
    12·1 answer
  • In recent times, the top ______ percent of households by income made over $320,000.
    6·1 answer
  • The record of all economic transactions between the residents of a country and the rest of the world is called​ ________.
    8·1 answer
  • Side effects of anabolic steroid use in males include which of the following? A. Timidity. B. Shrinkage of sex organs. C. Greatl
    5·2 answers
  • Last year, Bad Tattoo Co. had additions to retained earnings of $4,780 on sales of $95,560. The company had costs of $75,720, di
    8·1 answer
  • At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred sto
    11·1 answer
  • A team member who supports the team by performing his or her assigned duties is a
    14·2 answers
  • Allen deposits $2,000 in his local bank. He earns 2 percent interest each year on his deposit. Jessica borrows $1,000 from the s
    6·2 answers
  • ________ is shown on a multiple-step but not on a single-step income statement.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!