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Sladkaya [172]
3 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]3 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

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In March, Stinson Company completes Jobs 10 and 11.
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Answer:

The journal entries are as follows:

(i) On March 31,

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8 0
2 years ago
POSSIBLE POINTS:
77julia77 [94]

Answer:

Bob must use  $4,000 newspaper ads in two numbers

Explanation:

As given in the question -

Total number of people affected by $5,000 TV ad = 250

Total number of people affected by  two $5,000 TV ad = 2* 250 = 500

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Answer:

$940 Favorable

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