It was the University of Mississippi.
Answer:
$10
Explanation:
The marginal rate of technical substitution (MRTS) is an economic theory that illustrates the rate at which one factor must decrease so that the same level of productivity can be maintained when another factor is increased.
DATA
Marginal Product Labor (MPL)= 12
Marginal Product Capital (MPk) = 20
Price of labor = w = 6
Price of capital = r
Solution
Marginal rate of technical substitution = MPL/MPk
Marginal rate of technical substitution = 12/20
Marginal rate of technical substitution = 3/5
At optimal choice MRTS = PL/Pk
MRTS = w/r
3/5 = 6/r
3r = 30
r = 30/3
r = 10
<span>In order to achieve cardiovascular endurance at levels recommend by the ACSM, Jill should exercise at a moderate rate at least five times per week. Each exercise session should last for a minimum of 30 minutes.</span>
Answer: Please see answer in explanatory column
Explanation:Classifying each according to cash flow activity in terms of operating, investing, or financing activity gives
(a) Purchase of equipment.-----investing activity
(b) Sale of building.-----investing activity
(c) Redemption of bonds.-----financing activity
(d) Cash received from sale of goods. ------investing activity
(e) Payment of dividends.-------financing activity
(f) Issuance of capital stock. -------financing activity