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]
2 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]2 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
There is is an acronym that helps you analyze business communication situations. What does each letter in the acronym stand for?
Tasya [4]

Answer:

<u>D. None of the above.</u>

<u>Explanation:</u>

The more likely acronym that is been referred to here which helps one analyze business communication situations is ACE, which stands for;

A- Analyzing,

C- Composing, and

E- Evaluating.

Thus, since this isn't among the options, the correct answer is option D.

4 0
3 years ago
Which of the following types of production would most likely use job-order costing? A. Construction of custom homes B. Farming C
nignag [31]

Answer:

A and C

Explanation:

Construction of custom homes and

Manufacturing of heavy-duty machinery would most likely make use of job order costing.

Job Order Costing is useful for allocating costs based on a specific job order. It is a system that assigns and accumulates what it costs to manufacture an individual unit of output.

manufacturing businesses that use this system are clothing factories, food companies, air craft manufacturing companies.

service businesses that use the system include movie producers, accounting firms, law firms, hospitals etc.

5 0
3 years ago
A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of woo
RoseWind [281]

Answer:

a. Give the Objective function.

Let c = #coats to be produced

Let s = #slacks to be produced

b. Give the constraints

3c+5s≤150

10c+4s≤200

d. Give the optimal Point

The profit function would be P(x,y)=50c+40s

Explanation:

Let c = #coats to be produced

Let s = #slacks to be produced

Our first constraint deals with square yards of wool. We cannot exceed 150 square yards. Using the fact that coats require 3 sq yds and slacks require 5 sq yds, we can identify this constraint.

3c+5s≤150

Our second constraint deals with the number of hours available being 200. Coats require 10 hrs and slacks require 4 hrs. Now we have our second constraint.

10c+4s≤200

We might also assume that some of each will be produced, so we can list the following as constraints as well.

c>0 and s>0

The profit function would be P(x,y)=50c+40s

8 0
2 years ago
An analyst seeks to determine the value of Bulldog Industries. After careful research, the analyst believes that free cash flows
Reil [10]

Answer:

$2,033

Explanation:

The computation of the terminal value at the end of the year 2 is shown below:

= {Free cash flow of the firm × (1 + growth rate) × (1 + growth rate) + (1+ growth rate)} ÷ (WACC - growth rate)

= {($80 million × (1 + 0.10) × (1 + 0.10) × (1 + 0.05)} ÷ (10% - 5)

= $101.64 ÷ 0.05

= $2,033

We simply applied the above formula so that the Terminal value could arrive

3 0
2 years ago
Last year, Kurt invested $1,000 in ABC stock, $1,000 in long-term government bonds, and $1,000 in U.S. Treasury bills. Over the
marin [14]

Answer:

6%

Explanation:

3 0
3 years ago
Other questions:
  • What is a project manager?
    13·1 answer
  • Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she wil
    14·1 answer
  • A stock is currently priced at $52.50 a share. One year from now, the stock price is expected to be either $54 or $60 a share. T
    14·1 answer
  • Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. inc
    15·1 answer
  • __________is a process whereby companies compare their practices and performance measurements to those of other companies.
    13·1 answer
  • Pappy Corporation received cash of $36,000 on September 1,2017 for one year's rent in advance and recorded the transaction with
    13·1 answer
  • f the company estimates that it will need 55,480 pounds of raw material to satisfy production needs in March, then the raw mater
    8·1 answer
  • Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion
    9·1 answer
  • What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovati
    10·2 answers
  • . If the Fed wishes to conduct expansionary monetary policy, it should (select one) a. Increase required reserve ratio b. Decrea
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!