User Account

All Pages

What quantity of labor do the marginal returns

Assignment Help Basic Computer Science
Reference no: EM132030549

(Total Cost and Marginal Cost) Complete the following table, where L is units of labor, Q is units of output, and MPL is the marginal product of labor.

L             Q             MPL      VC         TC          MC        ATC

0            0                            $ 0      $12

1            6                            $ 3        15

2              15                         $ 6

3            21                          $ 9

5            26                          $15

a. At what quantity of labor do the marginal returns to labor begin to diminish?

b. What is the average variable cost when Q 5 24?

c. What is this firm's fixed cost?

d. What is the wage rate per day?

Reference no: EM132030549

Questions Cloud

Included in current assets : Which are of the following is/are included in current assets?
Calculate chelsea income elasticity of demand for cd : When Chelsea's income increased from $35,000 to $60,000 a year, her purchases of CDs increased from 10 to 40 CDs a year.
What legal aspects did management face during this dilemma : Explain how the relationship between legal issues and responsible management practices relates to your topic.
Short-term bank loan made on formal or informal basis : A prearranged, short-term bank loan made on a formal or informal basis, and typically reviewed for renewal annually, is called a:
What quantity of labor do the marginal returns : (Total Cost and Marginal Cost) Complete the following table, where L is units of labor, Q is units of output, and MPL is the marginal product of labor.
Was mctaggart a good choice for licensee : Should Cameron have licensed McTaggart or continued to export? Was McTaggart a good choice for licensee?
Machine will be depreciated according to? five-year macrs : The? firm's tax rate is 35 ?%, and its? after-tax MARR is 15 ?%. Should the machine be? purchased?
What is the npv of installing the machinery : After 3 years (when the machine has only been depreciated for 3 years and therefore the book value is not zero) the machine is sold for $30,000
Determine the annual depreciation amount to be taken : Determine the annual depreciation amount to be taken over the useful life of the hauling truck for both book and tax purposes. n=6

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Graphical user interface

It is common knowledge that the mouse is convenient for interacting with various parts of an application that uses a graphical user interface.

  Important considerations initial stage

John is creating a presentation. Before he starts, he takes into consideration several aspects that can help to determine how the presentation should be set up. Three of the following are important considerations at this initial stage. Which of th..

  Determine the computational cost in computing its dft

A signal has length N = N1N2N3 where N1, N2, N3 are all prime numbers. Determine the computational cost in computing its DFT using the divide-and-conquer approach.

  What follows the in operator

What other SQL operator can sometimes be used to perform the same operation as the IN operator? Under what circumstances can this other operator be used.

  Regular expression for the languages

(1) How do I write a regular expression for the languages below.

  Equity-indexed-annuity

A trendy investment instrument is what is called an 'equity-indexed-annuity' or EIA. This investment guarantees you a minimum rate of return in the stock

  What interval ratios in hyperfine quadruplet are expected

A D5/2 term in the optical spectrum of 39 19K has a hyperfine structure with four components. Find the spin of the nucleus.

  Explain the development of health insurance

In a two to three page paper, explain the development of health insurance in the United States. Include a brief discussion as to the current state of both traditional health insurance and managed care. Is traditional health insurance still a viabl..

  Investigating database attacks

Your labs and readings this week focus other types of investigation: trademark infringement, sexual harassment, and even corporate espionage.

  Authentications subject to the weakness of replay

1) Are computer-to-computer authentications subject to the weakness of replay? Why or why not?

  Constructs a rectangle object square representing a square

Your program will not produce a drawing. It will simply print the locations of square before and after calling the mutator methods.Look up the description of the grow method in the API documentation.

  How large a sample do they need

Estimate the mean to within 0.1 hours at 95% reliability and assume the sample standard deviation provides a good estimate for the population

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