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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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Suppose that Par, Inc., management encounters the following situations:
Anna11 [10]

Answer:

[a]. 10560, [b]. 14160, [c]. 7668.

Explanation:

[a]. In order to be able to solve this particular question we have to consider what is known as LINEAR PROGRAMMING.

We have the assumption that the function to be equals to 10A + 9B. The first step that we need to take here is to find the constraint for the linear programming relaxation which is;

1/2A + 5/6B \leq 600.

1/10A + 1/4B \leq 135. Thus, A \geq0 and B

With the help of excel solver and graphs, that we have the profit at $18 we are going have the value of A =300 and B =420. Therefore, the optimal solution = [300,420].

Thus, we have the objective function value to be = 10,560. [that is 10 * 300 + 420 * 18}.

[b]. For option b, where the profit increases to $20, the optimal solution lies on A =708 and B =0. Hence, objective function value = 14,160[ that is 20 * 708 + 0].

[c]. Here, there is increase in the sewing operation capacity to 750 hours. Therefore, we will have the value of A = 540 and B = 252.

Thus, the objective function value = 7668.

8 0
3 years ago
Terms of a lease agreement and related facts were:
Feliz [49]

Answer:

1) January 1, 2018, asset leased

Dr Lease receivable 550,000

    Cr Equipment 550,000

January 1, incremental costs associated with lease transaction

Dr Lease receivable 6,652

    Cr Cash 6,652

January 1, 2018, first lease payment collected

Dr Cash 200,000

    Cr Lease receivable 200,000

2) to calculate the effective rate we can use the present value of an annuity due formula

PV annuity due factor, 3 periods, ?% = present value of lease receivable / annual payment = $556,652 / $200,000 = 2.78326

Now we must use an annuity due table to determine a possible rate. In this case, the exact rate is 8%.

3) December 31, 2018, interest receivable on lease contract

Dr Interest receivable 28,532

    Cr Interest revenue 28,532

interest receivable = ($556,652 / $200,000) x 8% = $28,532

5 0
3 years ago
The concept of materiality:
KonstantinChe [14]

Answer:

The answer is b Justifies ignoring the matching principle in certain circumstances.

Explanation:

6 0
3 years ago
Read 2 more answers
Thick fish steaks are also known as<br><br> Viscera<br> Fillets<br> Fins<br> Darnes
Wewaii [24]

<u>Answer:</u>

<em>Thick fish steaks are also known as </em><em><u>fillets </u></em>

<em></em>

<u>Explanation:</u>

Filets do not contain any bits of the more prominent bones, yet a few species have littler, intramuscular bones (called pins) inside the tissue.

A fish filet, from the French word filet, which means a string or strip, is the substance of a fish that has been removed or cut from the bone by cutting the long way along one side of the fish parallel to the spine. In anticipation of filleting, any scales on the fish ought to be expelled.

7 0
3 years ago
Why is the automobile industry considered an oligopoly?
aleksandr82 [10.1K]

Answer:

It has significant barriers to entry.

It depends on brand loyalty and image to generate sales.

It is dominated by a few key players.

Explanation: Let me know if it is right

6 0
3 years ago
Read 2 more answers
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