Answer: 48
Explanation:
Firstly, we need to solve the marginal product which will be:
= dM/dx
= d(100x - x²)/dx
= 100-2x
At socially optimal level, it should be noted that:
Price × Marginal Product = Cost
90 × (100-2x) = 400
9000 - 1800x = 400
1800x = 9000 - 400
1800x = 8600
x = 8600/180
x = 47.77
x = 48
Therefore, the optimal number of workers will be 48.
Answer:
13x ÷ 760 - 13x
Explanation:
The compuatation is shown below:
Data provided in the question
Price per cookie = X
And, the quantity of cookies sold is
q = D(x) = 760 - 13x
Based on the above information, the price elasticity of demand equal to 1 is
We have to use the derivative
D'x = -13
Now the elasticity is
= x. D'x ÷ D(x)
= {x. (-13)} ÷ {760 - 13x}
= 13x ÷ 760 - 13x
Answer: the correct option is D.
Explanation: First we shall define Liabilities and Equity.
Liabilities are the obligations of a company, meaning that, they are amounts owed to creditors for past transactions and they usually have the word "payable" in their account title.
Equity is the remaining value of an owner's interest in a company, after all liabilities have been deducted.
From the definitions above, we can see that the liabilities of Mitchell Company have increased because the company owes the supplier. While the equity has decreased because it is what is left of the value of the company after the liabilities have been deducted.
Answer:
The value of a customer is $193.2.
Explanation:
The value of the customer can be calculated by considering the profit they generate, retention rate, and the discount.
Value of a customer = Profit per year * Retention rate * (1 - discount)
Value of a customer = 300 * 0.7 * (1 - 0.08)
Value of a customer = 300 * 0.7 * 0.92
Value of a customer = 193.2
Thus, the value of a customer is $193.2.
