Suppose a firm's production function is given by Q = F(L, K) = 5LK, where L is the amount of labor and K is the amount of capital. The wage rate is $100 per unit of labor and the rental rate of capital is $25 per unit of capital. What is the lowest possible cost of producing 980 units of output?
Answers: 2
Business, 21.06.2019 15:30, kittenface3428
Abenefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. looking at the purchases below, which one should be made using a credit or a debit card?
Answers: 3
Business, 22.06.2019 20:20, saurav76
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments. a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
Suppose a firm's production function is given by Q = F(L, K) = 5LK, where L is the amount of labor a...
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