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Bingel [31]
3 years ago
8

Define return( rate of return).​

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
6 0

Answer:

its returning the rate that was given out

i guess i jus gave it a try

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An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 u
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Answer:

B) $.10.

Explanation:

All the cost used in the production process is called production cost.

Capital cost = Units x Cost per unit = 2 x $10 = $20

Raw Material cost = Units x Cost per unit = 5 x $4 = $20

Labor cost = Units x Cost per unit = 8 x $3 = $24

Total Cost = Capital cost + Raw Material cost + Labor cost

Total Cost = $20 + $20 + $24 = $64

Cost per unit = Total cost /  Number of units = $64 / 640 = $0.10

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