Assume a firm’s production function is = K 1 2 1 2 where Q, L and K are defined. How much labor and capital would be purchased if it seeks to produce 100 units and labor costs $20 per unit and capital each cost $5 per unit?

Strawberry plants reproduce by

What is a sort of auction for stocks in which traders verbally submit their offers?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?