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2 years ago

A widget manufacturer has an infinitely substitutable production function of the form:

Business

1 answer:

mrs_skeptik [129]2 years ago

6 0

Answer:

Since RTS = 1/2 < w/v = 1, the manufacturer will use only Capital (K). For q = 20, K = 10; q = 40, K = 20; q = 60, K = 30. The Manufacturer's expansion path is the K axis.

Explanation:

See attached picture for graph.

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Jim's Widgets creates mechanical tools that are used in factories. Use the table and the drop-down menus to answer these questio

Vladimir79 [104]

Answer:

The profit when the company makes five widgets is $30

To maximize profit, the company should produce 6 widgets per day

The company's profit would decrease by $17 if the company made seven widgets

Explanation:

i took the quiz.

4 0

2 years ago

Jackie decided to open a restaurant. She borrowed $25,000.00 for 5 years. After 5 years, she had paid back $35,000.00. What was

Vlad [161]

Answer:

The answer is 8%

Explanation:

Remember the formula of simple interes is

Total Interest = Amount(Capital) x interest rate x time

in this case

(35.000-25.000) = 25.000 x i x 5 years

10.000/25.000 / 5 = i

0,08= i

8% = i

6 0

2 years ago

8-2 PORTFOLIO BETA An individual has $35,000 invested in a stock with a beta of 0 8 and another $40,000 invested in a stock with

Katen [24]

Answer:

The correct answer is 1.12.

Explanation:

According to the scenario, the given data are as follows:

First investment = $35,000

Beta for first investment = 0.8

Second investment = $40,000

Beta for second investment = 1.4

Total portfolio value = $35,000 + $40,000 = $75,000

So, we can calculate her portfolio’s beta by using following formula:

Portfolio beta = Average beta (first stock) + Average beta (second stock)

where, Average beta (first stock) = 0.8 × $35,000 ÷ $75,000

= 0.37

And Average beta (second stock) = 1.4 × $40,000 ÷ $75,000

= 0.75

So, by putting the value, we get

Portfolio beta = 0.37 + 0.75

= 1.12

Hence, The portfolio beta for two investments is 1.12.

5 0

2 years ago

Question 5 of 23

Veseljchak [2.6K]

Answer:

billable rates

Explanation:

Since in the question it is mentioned that Alice is not sure about the labor rate that used in the project budget so here the billable rate should be used as it refers to the rate that billed for the amount of work done with respect to the project. It is to be charged upon the number of hours worked

Therefore in the given situation, the correct option is third i.e. billable rates and the same is to be considered

0 0

2 years ago

An airline sells 120 tickets for a flight that seats 100. Each ticket is non-refundable and costs $200. The unit cost of flying

Genrish500 [490]

Answer:

14019.999

Explanation:

Capacity(n) = 100

Ticket sold (t) = 120

Cost pet ticket (c) = $200

Unit cost (u) = $80 per passenger

Refund amount (r) = $300

Number of people who show up for the flight falls between 91 and 120

Total Revenue = t * c = (120 * $200) = $24,000

Total cost of operating flight per trip:

(u * n) = ($80 * 100) = $8,000

Profit = Revenue - cost

Since number of passengers who show up falls between 91 and 120

Take number who show up as 'p'

Case 1:

If 91 <= P <= 100, then the airline won't pay any refund, hence, profit = 24000 - 80p

Case 2:

If 100 < p <= 120, then refund will be made

Refund = 300 * (p - 100)

Profit = 24000 - 80p - (300p - 30000)

24000 - 8000 - 300p + 30000

Profit = 46000 - 300p

Expected profit :

n = (120 - 90)

Case 1

P= summation (91 to 0) = 955

(100 - 90) * (24000) - 80(955)

(20 * 24000) - 76400 = 163,600

163,600 / 30 = 5453.3333

Case 2:

P = summation (101 - 120) = 2210

(120 - 100) * (46000) - 300(2210))

(920,000 - 663,000) / 30

= 257,000 / 30 = 8566.6666

Case 1 + case 2

(8566.6666 + 5453.333= 14019.999

8 0

2 years ago