Business, 14.03.2022 08:20 notsobright10

Consider the the Capital – labor production grid : Capital
Labor 0 1 2 3 4 5 6 7 8 9
0 0 0 0 0 0 0 0 0 0 0
1 0 1 3 7 12 18 21 23 24 24
2 0 3 12 30 60 85 105 120 130 135
3 0 7 30 85 105 120 150 180 210 230
4 0 12 60 105 130 210 280 340 380 410
5 0 18 85 120 210 410 500 570 620 660
6 0 21 105 150 280 500 700 850 950 1000
7 0 23 120 180 340 570 850 1100 1300 1400
8 0 24 130 210 380 620 950 1300 1500 1600
9 0 24 135 230 410 660 1000 1400 1600 1700

(a) Set up a diagram showing the firms short run production function assuming the firms has only 2 units of capital ( that is the range from 2 to 135)
(b) Set up a diagram showing the firms marginal product schedule assuming the firms has only 2 units of capital ( that is the range from 2 to 135)
(c) Set up a diagram showing the firms short run marginal cost (MC), Average Total cost (ATC), Average Variable cost (AVC) if the has 2 units of capital ( that is the range from 2 to 135)

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 08:00

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

Answers: 2

Answer

Business, 22.06.2019 09:40

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.

Answers: 3

Answer

Business, 22.06.2019 18:20

Principals are an administration career

Answers: 2

Answer

Business, 22.06.2019 20:40

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

Answers: 2

Answer

You know the right answer?

Consider the the Capital – labor production grid : Capital
Labor 0 1 2 3 4 5 6 7 8 9
0...

Questions