Answer:
b = 28
Step-by-step explanation:
131 + 21 + b = 180
152 + b = 180
b = 28
A production isoquant is drawn on a graph with labor on one
axis, capital on the other. Isoquants usually have a concave shape.
The isoquant represents the mix of capital and labor that will produce a
given, fixed level of output.
Answer:
$5.62 it could also possibly be $5.63 if you have to round up.
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
Find the slope using rise/run
This gets you -5/4
Find the y intercept, which is at (0, 3)
This means the equation will be:
y = -5/4x + 3
