1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sladkaya [172]
2 years ago
14

Suppose that the price of labor (PL) is $10 and the price of capital (PK) is $20. What is the equation of the isocost line corre

sponding to a total cost of $100
Business
1 answer:
gayaneshka [121]2 years ago
8 0

Answer:

$100 = $10PL + $20PK

Explanation:

Computation for the equation of the isocost line

Using this formula to compute the equation of the isocost line

Total cost=Price of labor (PL)+Price of capital (PK)

Where,

Total cost=$100

Price of labor (PL)=$10

Price of capital (PK)=$20

Now Let plug in the formula to compute the equation of the isocost line

$100 = $10PL + $20PK

Therefore the equation of the isocost line corresponding to a total cost of $100 will be $100 = $10PL + $20PK

You might be interested in
Properly designing a protective packaging system requires three important kinds of information. Which of the following is not on
lutik1710 [3]

Answer:

value of the product to be protected

Explanation:

The value of the products that are being shipped or distributed should not be included in the protective package.

The severity of the distribution environment  refers to whether the products are hazardous or not, e.g. pesticides should be dealt very carefully because they are poisonous.

The fragility of the product to be protected  refers to the materials used to build the product, e.g. products made of glass are extremely fragile.

The performance characteristics of various cushion materials. refers to what type of cushioning was used to protect the product during shipment.

4 0
3 years ago
Given the following information, compute the property tax rate for the community in percentage terms. Total budget expenditures:
Llana [10]

Answer:

4%

Explanation:

The property tax rate required in the given question shall be determined through the following mentioned formula:

Property tax rate=[(Budget expenditure-Non property tax income)/Assessed value of the all properties-Total exemption)]

Based on the above formula:

Property tax rate=[($108 million- $50 million)/($2,000 million-$550 million)]

Property tax rate=$58 million/$1,450 million

Property tax rate=4%

8 0
3 years ago
The amount of goods and services each dollar buys at a given point in time is called:
vazorg [7]
The amount of goods and services each dollar buys at a given point in time is called: Purchasing power.
The term defines the number and quality or value of goods and services that can be purchased with <span>one unit of money. 
</span>Purchasing power loss happen<span> when prices increase, while purchasing power gain happens when prices decrease.</span><span>
</span>
4 0
3 years ago
f pressure is put on the government to maintain a balanced budget during a recession. In this scenario, government would need to
Kitty [74]

Answer:

Increase

fall

Explanation:

A recession occurs when the gross domestic product of a country for two consecutive quarters is negative.

Annually balanced budget is a budget where at the end of every year, revenue must equal expenditure.

If in a recession, a government is under pressure to maintain a balanced budget, the government would need to increase taxes. this is because income would be less than government expenditure as a result of the recession. In order to maintain a balanced budget, the government can either increases taxes are reduce expenditure.

When taxes are increased, disposable income falls and this causes aggregate demand to fall

4 0
3 years ago
We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization
Julli [10]

Answer: Mission

Explanation:

 The organizational mission is one of the type of approach that is used for reflecting the various types of products and the services information and also it important values.

The main main objective of the organizational mission is that it helps in providing the various types of company statement based on its the organizational specific goals and the values.

 According to the given question, the mission is one of the organizational factor that helps in value the employees and also respect their specific diversity.  

 Therefore, Mission is the correct answer.

3 0
2 years ago
Other questions:
  • 2. In order to expedite basic performance improvement team functioning, the team should: A. Establish ground rules. B. Perform f
    11·1 answer
  • Rodi owns Hallman's auto repair service. He has observed over the years that customers keep their high-mileage cars longer when
    10·2 answers
  • Why should countries specialize in producing goods with which they have a comparative advantage rather than an absolute advantag
    15·1 answer
  • Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.
    10·1 answer
  • Jackson Company uses a perpetual inventory system. On November 30, it purchased $10,000 of merchandise and it must pay the $200
    11·1 answer
  • A medical student will complete her residency and go into medical practice in 4 years. She needs to purchase expensive medical e
    11·1 answer
  • While shopping you discover that your favorite department store has lowered the price on a new MP3 player that you wanted to buy
    14·2 answers
  • You invest a single amount of $14,800 for 7 years at 15 percent. At the end of 7 years you take the proceeds and invest them for
    12·1 answer
  • 8A. Benton ​Island, Inc. began 2018 with cash of $ 70 comma 000. During the​ year, Benton Island earned revenue of $ 180 comma 0
    6·1 answer
  • Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for th
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!