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DiKsa [7]
3 years ago
12

A firm has a Cobb-Douglas production function for its inputs of capital and labor. The firm is currently paying $4 per labor hou

r and $1 per machine hour. The firm is currently employing an equal number of machines and workers. If this bundle of inputs is cost-minimizing, we can infer about the marginal productivities of capital and labor at this point:
Business
1 answer:
baherus [9]3 years ago
5 0

Answer:

nothing nothing nothing nothing

Explanation:

nothing

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Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date the note matures, Swartz is u
weeeeeb [17]

Answer:

D. Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.

Explanation:

Interest: $7,200 × .06 × 120/360 = $144

The entry that Majesty should record on the maturity date for this dishonored note is :

Debit Accounts Receivable $7,344

Credit Interest Revenue $144

Credit Notes Receivable $7,200.

5 0
3 years ago
Read 2 more answers
In a Cournot market with two firms, the inverse market demand curve is P = 20 – 0.5Q, where Q = q1 + q2. (Firm 1's output = q1;
Ksenya-84 [330]

Answer:

MR = 10 – 1q1.

Explanation:

Demand function, P = 20 – 0.5Q

Q = q1 + q2

Now insert Q in the P = 20 – 0.5Q.

P = 20 – 0.5 (q1 + q2)

We have the value of q2 = 20.

P = 20 – 0.5 (q1 + q2)

P = 20 – 0.5 (q1 + 20)

P = 20 – 0.5q1 – 10

P = 10 – 0.5q1

Total revenue of firm 1, TR = Pq1

TR = 10q1 – (0.5q1)^2

Now MR is the differentiation of TR. So the MR after differentiation if TR of firm 1 is:

MR = 10 – 1q1

4 0
3 years ago
Periodic Inventory by Three Methods The beginning inventory for Dunne Co. and data on purchases and sales for a three-month peri
shusha [124]

Answer:

Merchandise inventory = $32,864

Cost of merchandise sold = $310,776

Explanation:

As per the data given in the question,

Merchandise inventory = Balance of purchases on 21 April

= 26 units × $1,264 per unit

= $32,864

Calculating the ending inventory :

Details units

Ending inventory = beginning inventory + Purchase - Sale

Beginning inventory = 25 units

Add : Purchase made on

April 8  = 75 units

May 8 = 60 units

may 28 = 80 units

June 21 = 35 units

Total units for sale = 275 units

Less : Units sold on

April 11 = 40 units

April 30 = 30 units

May 10 = 50 units

May 19 = 20  units

June 5 = 40 units

June 16 = 25 units

June 28 = 44 units

Ending Inventory in units = 26 units

Cost of merchandise sold =Merchandise available for sale - (Merchandise inventory, June 30, 2016)

=$343,640 - $32,864

= $310,776

6 0
3 years ago
Last year, you earned a rate of return of 11.29 percent on your bond investments. During that time, the inflation rate was 4.6 p
nordsb [41]

Answer:

the real rate of interest of  6.39 %

Explanation:

given,

rate of return on your bond  = 11.29 %

the inflation rate  = 4.6 %

real rate of return = ?

rate of return = (\dfrac{1+ return\ rate}{1 + inflation }-1)\times 100

rate of return = (\dfrac{1+ 0.1129 }{1 + 0.046 }-1)\times 100

rate of return = (\dfrac{1+ 0.1129 }{1 + 0.046 }-1)\times 100

rate of return = (\dfrac{1.1129}{1.046 }-1)\times 100

                    = 6.39 %

the real rate of interest of  6.39 %

5 0
3 years ago
Pioneer Systems Inc. has a high degree of formalization. Employees in Pioneer Systems are more likely to: Multiple Choice
g100num [7]

Answer:

The correct answer is letter "D": face morale and motivation problems.

Explanation:

A high degree of formalization will result in reduced creativity as workers are told to behave in a specific way. In such organizations, strategic decision-making often happens only when there is a problem. A highly formalized structure is usually related to reduced motivation and morale issues among employees.

8 0
3 years ago
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