Business, 08.11.2019 03:31 pandagirl710
Consider a firm with production function f(l, k)=l1/7k6/7 (cost minimization for this firm is characterized by the tangency rule). assume also that the price of capital r=3 and the price of labor w=2. suppose that a worker strike constrains the firm to a level of labor x units lower than its original level, where x is a small number. what is a good approximation of the amount of capital that the firm should increase in order to maintain its original level of production?
Answers: 2
Business, 21.06.2019 23:30
Select the correct answer. joshua runs a large manufacturing business that is listed on the stock exchange. his company made good profits in the previous financial year. he now plans to reward his shareholders with handsome dividends. under which category of activities in the cash flow statement would the companyโs accountants place this outflow of cash? a. investing activities b. operating activities c. financing activities d. non-operating activities
Answers: 3
Business, 22.06.2019 21:10
Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right
Answers: 1
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
Consider a firm with production function f(l, k)=l1/7k6/7 (cost minimization for this firm is charac...
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