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Q. Let a firm's production function be given by K0.3 L0.7. (i) Sketch (without specific numbers) the shape of the long run average and long-run marginal cost curves of the firm; (ii) in the same graph, please also sketch the firm's short run average and marginal cost curves (when the amount of capital is fixed). Comment on the relationship between the long- and the short-run curves.
critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system
determine the break even point
how to prepare that project
how do you calculate them
This assignment will consist of developing a center-based financial operating budget. A break-even and Cash-flow projection are not required for this assignment. Students will deve
Describe the meaning of the fixed production overhead variances calculated under the standard absorption costing system and talk about their usefulness to the management of X Ltd.
Cash is the other form of fund although in a narrow sense, this refers to a supply which can be drawn upon as per to the need. Here the term cash involves both cash and cash equiva
1.Assume that Abel business corporation is purchasing new equipment, for 350,000$ at the beginning of 2014. Assume that Abel business corporation is in the 30% corporate tax bracke
Difference between budgetary planning and budgetary control
sales to profit volume ratio for three year
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