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Business, 25.02.2020 04:04, liammarinewoods
If capital is fixed, but a firm varies labor A. the firm stays on the same isoquant. B. the firm's output will be dependent on the marginal rate of technical substitution. C. the firm might move to a new isoquant, depending on how much labor is added. D. the firm moves to a new isoquant.
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Business, 22.06.2019 12:50, HarleyQuinn117
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
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Business, 22.06.2019 20:10, spicee68003
Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.
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If capital is fixed, but a firm varies labor A. the firm stays on the same isoquant. B. the firm's o...
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