Answer:
B). $12
Explanation:
As per the given data, the AFC(Average Fixed Cost) for employing 25 factors of labor and 16 factors of capital would be $12.
We are given the production function,
Q = 
where,
K = allotted input in short-term
Rental rate of each unit/factor(r) = $15
Wage per factor(w) = $5
As we know, the two inputs are labor, as well as, capital;
To find AFC, we need TC;
so,
TC = (Fixed cost + Variable cost)
TC = (240(15 * 16) + 125(25 * 5) = 365
Thus,
AFC = $ 12
Answer:
$61
Explanation:
The computation of unit product cost for the month under absorption costing is shown below:-
Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost
= $18 + $10 + $4 + ($255,200 ÷ 8,800)
= $61
Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.
We can enumerate three ways on how we can implement the project that would soften the impact of the issue on the community. These three ways are enumerated below:
1. Understand the talent of the youth and discuss the proposed project that would help to their development. The benefit of this project is to divert the attention of the youth into a healthy lifestyle instead of being attractive into illegal drugs which are very common nowadays.
2. Discuss the projects by giving them the all the options that would benefit them rather than creating damage to their livelihood. Organize meetings and open forum.
3. Introduce to them the health impact of the project.
Answer: This rate setting scheme creates an adverse selection problem: Homeowners with houses on unstable soil are more likely to purchase insurance than homeowners with houses that rest on bedrock
Explanation:
California has its own earthquake insurance program for homeowners and the rates vary by the ZIP code, which depends on the proximity of nearest fault line.
However, critics claim that the people who set the rates ignored soil type. Some houses rest on bedrock while others sit on unstable soil. If the soil type is used, rate setting scheme creates an adverse selection problem.
An adverse selection problem is tendency of those in high-risk areas to purchase the insurance claim because there are higher chances they may get affected. Therefore, the homeowners with houses on unstable soil will more like buy insurance than the homeowners with houses that rest on bedrock.
Answer:
ability motivation suitability
Explanation:
