User Account

All Pages

Quantities of inputs employed

Assignment Help Business Management
Reference no: EM131204219

A firm is employing 10 units of L and 5 units of K to produce 20 tables. L costs $1 per unit and K 0.5 per unit. For the quantities of inputs employed, MP . 2 and MP = 0.5. In this situation:

a) Output can be increased by using more K and less L, with no extra cost

b) Both inputs should be used in equal proportions

c) The firm is producing at its maximum

d) Output can be increased by using more L and less K, with no extra cost

Reference no: EM131204219

Questions Cloud

Calculate return on capital employed : Calculate the following ratios for both years and comment on what the results say about the company's financial performance and position. Return on investment (ROI), Return on capital employed (ROCE) and Operating margin
Calculate the amount of interest capitalized : Thornton Industries began construction of a warehouse on July 1, 2016. The project was completed on March 31, 2017. No new loans were required to fund construction. Calculate the amount of interest capitalized for 2016 and 2017.
Conduct an analysis of a company of your choice : You will be asked to conduct an analysis of a company of your choice. Your chosen company will be referred to as the "study company" in various assignments throughout this course.
What can you say about the evolution of inequality over time : Now suppose that people with similar incomes are more likely to get married than people with dissimilar incomes. How would this change affect the Lorenz curve drawn in part a?
Quantities of inputs employed : A firm is employing 10 units of L and 5 units of K to produce 20 tables. L costs $1 per unit and K 0.5 per unit. For the quantities of inputs employed, MP . 2 and MP = 0.5. In this situation:
Conversion costs using weighted-average process costing : Haberdashery Company has a beginning Work-in-Process Inventory of 25,000 units (40% complete). During the period, 110,000 units were started and the ending Work-in-Process Inventory consisted of 20,000 units (80% complete). What are the equivalent un..
Determine the maximum power to r : For the network of given figure, determine the value of R for maximum power to R. - Determine the maximum power to R.
Produce in order to raise government income : What will happen to consumer and producer surplus and deadweight loss if the government imposes a tax on sellers for each ratio they produce in order to raise government income?
Prepare journal entry to record the disposal of equipment : On January 1, 2017, ABC Co. sold equipment for $16,000 cash that had cost $35,000, a salvage value of $5,000, and a useful life 10 years. The double-declining-balance depreciation method was used. On December 31, 2016, accumulated depreciation was $2..

Reviews

Write a Review

Business Management Questions & Answers

  Type of organisational culture exists in the company

• Who does the company do business with

  Management problems1 suppose yourself as a potential member

management problems1. suppose yourself as a potential member of a team responsible for designing a new package for

  Analysis the current situation of the company

Analysis the current situation of the company- COLE AND PARKER: SOCKS THAT START BUSINESSES. Amy Shuh wrote this case under the supervision of Elizabeth M.A. Grasby solely to provide material for class discussion

  Illustrate what was established to arbitrate disputes among

Illustrate what was established to arbitrate disputes among franchisors and franchisees? Which statement best Explains the general success rate for franchises?

  Explain and describe why information systems or technology

Explain and describe why information systems/technology is so important in organizations today

  Development in the various modes of transportation

The Hub and Spoke Concept continues its development in the various modes of transportation (Maritime, Air, Truck, and Rail). Describe some of the key advantages this concept brings to the various modes of transportation.

  Performance management definitions and usage

performance management definitions and usage scenariosquestion 1 define the three broad purposes for performance

  Date on current safety training

1. What does your current, or past, employer do to keep staff up to date on current safety training?

  Net income and interest payments

a) What is the 2014 net income? b) What is the total 2014 net income and interest payments? c) If Viking had no interest expense, what would its 2014 net income be? How does it compare to the answer in part b?

  Does the price level of the advertised item have an affect

Examine whether the ad's message and execution method(s) are a good match to use internationally. Explain your interpretation and provide a comment for improvement(s). Does the price level of the advertised item have an affect internationally?

  The best networking traits you can develop is

the best networking traits you can develop is

  Long-term care insurance

Considering the advantages and disadvantages of long-term care insurance, take a position on whether it is really something that a person needs or are they better off trying to use government agencies to help cover the costs (i.e. Medicaid, Medica..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd