Answer:
$1,330,102.50
Explanation:
first unit produced by lambda took 5,000 hours to produce and required $250,000 worth of material, equipment usage, and supplies
the second unit took 3,250 hours and used $187,500 worth of materials, equipment usage, and supplies
learning rate = time needed to produce second unit / time needed to produce first unit = 3,250 hours / 5,000 hours = 65%
materials and equipment usage rate = $187,500 / $250,000 = 75%
using the attached table of cumulative values, we can determine the cumulative improvement factors needed to solve this question:
Lambda's accumulated cost for producing 10 more computers
-
work hours = 3,250 x 4.341 (65% and 10 units) x $20 per hour = $282,165
- materials and equipment = $187,500 x 5.589 (75% and 10 units) = $1,047,937.50
- total = $282,165 + $1,047,937.50 = $1,330,102.50
Answer:
Perfect Plumbing Corporation currently manufactures a valve for use in water pumps that it produces for sale. The company is considering purchasing the valves from an outside supplier rather than manufacturing them. Which of the following costs is not relevant to the decision?
The cost of direct material required to make the valve.
Explanation:
Since perfect plumbing corporation intended to buy rather than to manufacture then the cost of direct material required to make the valve is none of there concern. The would only purchase and sell at price that suits them
Answer: $200
Explanation:
From the information given, since the MPC is 0.75 and the change in GDP is $800, the change in the government spending will then be:
$800 = 1/(1 - 0.75) × ∆G
$800 = 1/0.25 × ∆G
$800 = 4 × ∆G
∆G = $800/4
∆G = $200
The government spending will be increased by $200
B maybe, not sure :P hopefully someone else will answer
Answer:
The correct answer is option C, firms face downward-sloping demand curves, and the products competitors sell are differentiated
Explanation:
In monopolistically competitive market all companies sell distinguished products. In this market all companies face downward sloping demand curve. These are the expectations of monopolistically competitive market. Therefore, option C is correct.
