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Iteru [2.4K]
3 years ago
10

Bob has a loan that he does not think he can afford and wants to make sure his credit score is not affected. Which of the follow

ing actions would protect Bob's credit score?
A. making at least the minimum payment, even if they are late
B. making less than the minimum payment on time
C. making no payment until he can afford it
D. making at least the minimum payment on time
Business
1 answer:
Simora [160]3 years ago
6 0
A. <span>making at least the minimum payment, even if they are late</span>
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Answer:

(A) 15 × p

(B) 225\times p{^2}

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Explanation:

(B) direct= demand function of labor will be,

Q: f(w),

where Q is labor demand quantity and is function of wage

K=9 constant, then production function changes to,

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Marginal product of labor:

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Marginal revenue product or value of marginal product:

=15p\times L^{- 0.5}

This is showing what revenue a firm will generate due to hiring one additional unit of labor.

So firm will keep hiring until the revenue the additional labor is generating is equal to its hiring cost or wage.

So, putting MRP or VMP to wage:

P\times15\times L^{-0.5}=W

By solving,

\frac{(225\times p^{2})}{W^{2}}=L

And the multiplicative term is 225\times p{^2}

(A) Inverse demand function of labor will be,

W: f(Q)  

where W is wage rate and demand function of labor demanded quantity.

As previously solved,

P\times15 \times L^{0.5}=W

and the multiplicative constant term is 15 × p.

(c) In long run capital will also variate, so production function will be,

=10L^{0.5}\times k{^0.5}

MP=\frac{(5\times k^{0.5})}{L^{0.5}}

VMP=\frac{P(5\times k^{0.5})}{L^{0.5}}

( p is market price of good that firm is producing using labor)

putting it equal to Wage)

W=\frac{(5\times k^{0.5})}{L^{0.5}}

and the constant term is  P\times 5\times k^{0.5}.

Note:

I did a) second place and b) on first . I already put the serial alphabet on the start of the answer.

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Answer:

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Explanation:

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According to the diathesis-stress model, if 100% of individuals with a genetic predisposition to a disorder actually display sym
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Answer:Biological

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Suppose you believe that Delva Corporation's stock price is going to decline from its current level of $82.50 sometime during th
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Answer:

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For a Windows laptop, what is the best way to save power when the computer will not be used for an extended period?
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