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Korolek [52]
3 years ago
8

A​ firm's production function is best described as

Business
1 answer:
Ksju [112]3 years ago
5 0

Answer:

The correct answer is D

Explanation:

A firm is a kind of commercial enterprise where a company buys and sells the products or services to consumers with the goal of earning a profit

Firm production function is the production function which relates to the physical output of the production procedure to the physical inputs.

It is best stated as the relationship among the inputs and the maximum amounts of the output which the firm could produce these inputs.

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4 years ago
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sdas [7]

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3 years ago
A manufacturer has a monthly fixed cost of $60,000 and a production cost of $16 for each unit produced. The product sells for $2
Sidana [21]

Answer:

$133,928.57

Explanation:

Break even revenue = Fixed cost / contribution to sales ratio

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3 0
3 years ago
Vicki entered into a written contract to buy a car from Valley Motors. During the negotiations, the sales representative said th
Bingel [31]

Answer:

No she won't.

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Vicki will not be able to present evidence as to the sales representative's statements concerning the warranty that "This writing is the full and final expression of the parties' agreement; anything said before signing or while signing is irrelevant." thereby excluding the car's warranty.

Hence, any evidence of the discussion of the warranty would most likely be excluded by the parol evidence rule.

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4 years ago
Read 2 more answers
Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur
zhenek [66]

Answer:

$3,927

Explanation:

For the computation of bid price first we need to follow some steps which is shown below:-

Manufacturing overhead rate = Overhead cost ÷ Machine hours

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= $2,805

Markup cost = $2,805 × 0.4

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= $2,805 + $1,122

= $3,927

7 0
4 years ago
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