1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pavel [41]
3 years ago
14

The production function for earthquake detectors​ (Q) is given as​ follows: Q​ = 4K​1/2L​1/2 where K is the amount of capital em

ployed and L is the amount of labor employed. The price of​ capital, PK​, is​ $18 and the price of​ labor, PL​, is​ $2. Refer to Scenario 2. Suppose that you receive an order for 60 earthquake detectors. How much labor will you use to minimize the cost of 60 earthquake​ detectors?

Business
2 answers:
Ksivusya [100]3 years ago
3 0

Answer:

k= 5 units

L = 45 units

Explanation:

check the picture attached for full explanation and i hope it helps you

Paladinen [302]3 years ago
3 0

Answer:

Answer ; MC = 6

Explanation:

Q = U√K  √L

MRTS = MPL/MPK = <u>U√K x 1/2√L</u>

                                 U√L x 1/2 √K       = K/L

At optimum,

MRTSS = PL/PK

             = K/L  = 2/18 = 1/9

             L= 9K

Q= U√K√L

60 =U√K √9K

60 = U x 3 x K

K=5

L=9 X 5 = 45

TL= wl + rk = PL x L+ PK x K

= 2L + 18K

= 2x Q²/16K + 18 x Q²/16L

Q²/8K+ 9Q²/8L

=Q²/8 x 5+ 9Q²/8x 45 =1/40 x 2Q²

MC= Q²/20 = 2Q/20 = Q/10 =60/10 = 6

MC = 6

You might be interested in
Cameron Manufacturing Co.'s static budget at 5,000 units of production includes $40,000 for direct labor and $5,000 for variable
Xelga [282]

Answer:

C) variable costs of $72,000 and $25,000 of fixed costs

Explanation:

To determine the flexible budget we must first calculate the variable costs of producing 8,000 units:

direct labor per unit = $40,000 / 5,000 units = $8 per unit

electric power per unit = $5,000 / 5,000 units = $1 per unit

total variable cost per unit = $8 + $1 = $9

Total variable costs for 8,000 units = 8,000 units x $9 per unit = $72,000

Total fixed costs = $25,000

4 0
3 years ago
Jack and Jill are married and have no dependent children. They are both over 65 and Jill is blind. Their gross income is $45,000
yan [13]

Answer:

They are exempt from paying tax

Explanation:

Taxable income is the amount of an individual's gross income that the government deems subject to taxes.

However, because they are aged (above 65), and their taxable income -which should be $32000 after deductions - is less than the percentage tax relief,they are exempted from paying tax for that particular year.

8 0
3 years ago
Butler Corporation is considerIng the purchase of new equipment costing $81,000. The projected annual after-tax net income from
Dahasolnce [82]

Answer:

d. $(6,642)

Explanation:

The present value is the sum of after tax cash flows.

Present value can be calculated using a financial calculator

Cash flow in year 0 = $-81,000

Cash flow each year in year 1 to 3 = $27,000 + $2,900 = $29,900

I = 10%

Present value = $(6,642)

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
Gi Gi's Bakery has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate t
Neko [114]
1.34 over 3.86 xxxxxxxxxxxxxxxxxx
5 0
3 years ago
This information relates to Cheyenne Real Estate Agency.
gregori [183]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr,                            $31,770

       To Common stock               $31,770

(Being issuance of shares for cash is recorded)

2. No Journal Entry is required

3. Office furniture Dr,          $3,740

       To Accounts payable           $3,740

(Being purchase of office furniture on credit is recorded)

4. Accounts receivable     $10,430

            To service revenue        $10,430

(Being customer billed for service is recorded)

5. Cash                                $185  

            To credit revenue       $185

(Being cash received for service is recorded)

6. Accounts payable $800  

                To cash                $800

(Being cash paid for office furniture purchased is recorded)

7. Salaries expense Dr, $3560  

               To cash                $3560

(Being salary paid is recorded)

5 0
3 years ago
Other questions:
  • Experts believe the three greatest cybersecurity dangers over the next few years will involve all of thefollowing except _______
    12·1 answer
  • You are a landlord for an office building. You just received a claim letter from a tenant asking for a refund of $2,000 for extr
    6·1 answer
  • Help please.........
    5·2 answers
  • Under two of the incoterms® rules, ________ has to provide the importer with a certificate of insurance.
    15·1 answer
  • Business intelligence is best defined as the use of information systems to​ ________. A. screen potential employees for minimum
    15·1 answer
  • A local car dealer offers "zero percent" interest on a $20,000 automobile for 36 monthly payments. if a customer either pays cas
    9·2 answers
  • An important part of obtaining venture capital funding is going through ________ , which refers to the process of investigating
    15·1 answer
  • Which of the following is NOT a part of personal financial planning?
    10·1 answer
  • Ok, I actually need a lot of help- 30 points to whoever can
    10·1 answer
  • A recent Supreme Court ruling made it easier to prosecute insider trading cases by
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!