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Bas_tet [7]
3 years ago
7

A firm produces truffles by using labor and capital. The price of labor is $10 per unit, and the price of capital is $20 per uni

t. At current output level, the marginal product of labor is 40 truffles and the marginal product of capital is 60 truffles. To reduce the total cost of producing the current quantity of truffles, how should the firm change its spending on labor and capital
Business
1 answer:
posledela3 years ago
7 0

Answer: See explanation

Explanation:

With the information given in the question, the firm should change its spending on labor and capital by increasing its labor and at thesame time, also reducing capital.

This is because since the marginal product of labor is 40 truffles and the price of labor is $10 per unit, it means that 4 truffles/dollar is being spent on labor, while for capital, 3 truffles/dollar is being spent.

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Seller Kim tells her agent Greg that she would be willing to accept $185,000 on her $205,000 listed home. There are no offers on
Luba_88 [7]

Answer:

<em>Confidentiality duty to Kim has been violated by Greg</em>.

Explanation:

Remember Greg is acting as agent or real estate agent to Kim.

According to law he owed a duty of confidentiality to Kim which involves not disclosing any information of benefit which he may have gotten from his client (Kim) to third parties (buyers) without permission from Kim.

Therefore, Greg was not suppose to mention that Kim would have accepted less for her home.

4 0
3 years ago
The budget is one of the three values of earned value management and is also known as _____. a. actual cost b. indirect cost c.
enot [183]

Answer:

The correct answer is d. planned value

Explanation:

Among project managers, the Earned Value is one of the most demanded requirements of management tools. When we talk about it, we refer to Earned Value Management (EVM), a series of parameters that advise on the operation of the project based on a planning. The Earned Value will inform us of the cost and time deviations of the project. So, thanks to its functionality, we can make faster and more effective decisions, based on concrete data about the reality of the work performed.

4 0
3 years ago
For any external resources that are used on the project, such as subcontractors, consultants, or vendors, the______ will define
Anastaziya [24]

Answer: project manager

     

Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.

  Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

6 0
3 years ago
Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respe
Lena [83]

Answer:

$856,376.30

Explanation:

What is the terminal, or horizon, value of operations?

2 years, FCF 1 = 80,000, FCFC 2 = 100,000, Growth rate= 5%, WACC = 16%

==> 100,000*(1+0.05)/(0.16-0.05)

==> 100,000*(1.05/0.11)

==> 100,000*(9.545454(

==> 954,545

Calculating the value of Kendra's operations.

Years  Cash-flows   PVF at 16%    Present value

1           800,000       0.86206         68964.80

2          105,000        0.74316           78031.80

2          954,545        0.74316           <u>709379.70</u>

            Total value                           <u>856,376.30</u>

8 0
3 years ago
Which best describes the benefits of renting a home
Umnica [9.8K]
I just took this test a few days ago and the answer was none of the above. Hope this helps.
8 0
3 years ago
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