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Anna [14]
3 years ago
9

An economy is employing 4 units of capital, 5 units of raw materials, and 4 units of labor to produce its total output of 360 un

its. Each unit of capital costs $10; each unit of raw materials, $4; and each unit of labor, $3. The per-unit cost of production in this economy is
Business
1 answer:
polet [3.4K]3 years ago
7 0

Answer:

$0.20

Explanation:

Calculation to determine what The per-unit cost of production in this economy is

First step is calculate the Capital, Raw materials and Labour

Capital=4*$10

Capital=$40

Raw materials=5*$4

Raw materials=$20

Labour=4*$3

Labour=$12

Second step is calculate the Total cost

Total cost=$40+$20+$12

Total cost=$72

Now let calculate the Cost per unit using this formula

Cost per unit= Total cost/Total units produced

Let plug in the formula

Cost per unit=$72/360

Cost per unit=$0.20

Therefore The per-unit cost of production in this economy is $0.20

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4 years ago
How does a merchandising business act as a collection agency for the state government?
ExtremeBDS [4]

Answer:

Charging Sales tax

Explanation:

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So, the merchandising business could act as a collection agency for the government through charging the sales tax. There is need to remit the government after collecting the tax and when it is done, the business will decrease the cash and the sales tax liability.

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3 years ago
A young couple has made a deposit of the first month's rent (equal to $1,000) on a 6-month apartment lease. The deposit is refun
jolli1 [7]

Answer:

It would be wiser for the couple to stay in the old apartment and save $1400

Explanation:

If they stay until the end of the lease, total money that will be paid out is $1000 x 6 = $6000,

If they leave, they'll have to forgo $1000.

If they move to their new apartment, they'll pay $900 x 6 = $5400

total expenditure if they move to the new place at the end of the six months period will be, the $1000 that will not be refunded back to them on the old apartment, plus this new $5600 for six month's rent in this new apartment, and that will be a total of $6400.

It would be wiser for the couple to stay in the old apartment and save $1400

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3 years ago
Investors who put their own money into a startup are known as
konstantin123 [22]

Hi there!

Investors who put their own money into a startup are known as angel investors. Also, they are usually family or friends but don't have to be.

The closest answer to angel investors is C. Angels.

I hope that helps u! :)

3 0
3 years ago
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