subject
Business, 26.06.2019 19:50 angelmeeks7979

Lucia makes sweaters in her home. starting with just some knitting needles and yarn, she was able to knit 50 sweaters per year. now some local stores have expressed interest in her designs and offered to buy her sweaters for $20 each. this makes it worthwhile for her to invest in some capital; in particular, she could produce many more sweaters if she invested in one or more looms, as shown in the following table. assume that lucia’s sweater business is a perfectly competitive firm. complete the following table by calculating the marginal physical product (mpp) of each loom and the marginal revenue product (mrp) of each loom. quantity of input output mpp of each loom mrp of each loom (looms) (sweaters per year) (sweaters) (dollars) 0 50 1 90 2 121 3 144 4 161 5 176

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 19:50
At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
Answers: 2
question
Business, 22.06.2019 23:30
What is the difference between career options in the law enforcement pathway and career options in the correction services pathway?
Answers: 1
question
Business, 23.06.2019 01:30
What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer
Answers: 2
question
Business, 23.06.2019 02:30
Complete electronics inc. sells a point-of-sale computer with a two-year service contract. complete collects $ 2 comma 500 cash for the selling price of the computer and $ 576 for the two-year service contract. how is revenue recognized?
Answers: 2
You know the right answer?
Lucia makes sweaters in her home. starting with just some knitting needles and yarn, she was able to...
Questions
question
Mathematics, 08.09.2020 14:01
question
History, 08.09.2020 14:01
Questions on the website: 13722362