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
Marrrta [24]
3 years ago
13

Assume that a firm spends $500 on two inputs, labor and capital. If the wage rate is $20 per hour and the cost of capital is $25

per hour, the slope of isocost curve will equal
a) -0.05
b) -500
c) -20
d) -4/5
Business
2 answers:
Mrrafil [7]3 years ago
7 0

Answer: The correct option is D. -4/5

Explanation:

From the question above, we have:

Cost on input = $500

Wage rate = $20 per hour

Cost of capital = $25 per hour

The formula for slope of isocost is given as:

Slope of isocost = -(w/r)

Where,

W = wage rate

r = rental cost of capital.

Therefore, we have:

Slope of isocost curve = -(20/25)

= -0.8 or -4/5

Zolol [24]3 years ago
6 0

Answer:

D. -4/5

Explanation:

Given that

Wage rate = $20 per hour

Cost of capital = $25 per hour

Recall that,

Slope of isocost = -(w/r)

Where,

W = wage rate

r = rental cost of capital.

Thus,

Slope of isocost curve

= -(20/25)

= -0.8 or -4/5

Note that, the negative of the ratio is the price of the two inputs. Also isocost is a line showing the various combinations of inputs which cost the same amount.

You might be interested in
The unemployment that is caused by changes in the​ economy, such as shifts in manufacturing​ techniques, increased use of comput
slava [35]

Answer:

D. structural unemployment.

Explanation:

D

Structural unemployment is caused by changes in the​ economy, such as shifts in manufacturing​ techniques, increased use of computers and electronic​ machines, and increases in the production of services instead of​ goods.

Structural unemployment is caused by technological change.

Cyclical unemployment is caused by business cycles. In down turns, unemployment rises and falls during a boom.

Frictional unemployment is the period between when Labour leaves his job and gets another one.

3 0
3 years ago
Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together r
mina [271]

Answer:

d. a monopoly firm reducing its price in an attempt to maintain its monopoly.

Explanation:

In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.

8 0
3 years ago
Ms. Marilynn Castillo is a marketing manager at Gordon Corp. She debates whether or not to conduct a marketing research study be
Ipatiy [6.2K]

Answer:

The correct answer is letter "B": cost-benefit assessment.

Explanation:

Cost-benefit assessment implies analyzing what the costs and benefits of engaging in business are. The approach aims to minimize losses and maximize benefits. It does not necessarily imply there are not going to be losses during the business cycle but could reduce them as much as possible.

3 0
3 years ago
By definition, employee engagement encompasses which of the following dimensions?
Mariulka [41]

Answer:

a, motivational

b, emotional

c, Rational

Explanation:

Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).

Employee engagement could be mistaken for employee satisfaction but they are not related.

5 0
3 years ago
The purpose of a balance sheet is to report the ______.
bagirrra123 [75]

Answer:

c. financial position of a business at a particular point in time

Explanation:

A balance sheet is a financial statement that shows the financial position of a business at a particular point in time. It lists the assets, liabilities, and owner's equity.

I hope my answer helps you

3 0
3 years ago
Other questions:
  • Larry can vote in person at the company’s annual meeting, through the mail, or by transferring the right to vote to another pers
    7·2 answers
  • What is the bullwhip effect and how does it relate to lack of coordination in a supply chain?
    9·1 answer
  • Della Corporation is headquartered in Carlisle, Pennsylvania. Della has a Pennsylvania state income tax base of $433,500. Of thi
    5·1 answer
  • Expansionary fiscal policy relies on changes in tax collections and government spending to achieve a non inflationary level of e
    8·1 answer
  • A____helps a society provide for the wants and needs of Its people.
    14·1 answer
  • In a classical model with fixed factors of production and flexible prices, the amount of consumption spending depends on _____ ,
    8·1 answer
  • analyze how a person's ethics or values might affect his performance on the job. Can someone help me or give me a few example?
    9·1 answer
  • Poeple who own operate and take on the financial risk of operating a business are called?​
    14·1 answer
  • Which term describes assets generated through operations that have been reinvested into the business?.
    8·1 answer
  • How do you feel about your instructions for using and caring for the mask? Do you think these instructions can help somebody to
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!