Choose the correct statement. A. The aggregate production function is the relationship that tells us how real GDP changes as the real wage rate changes, when all other influences on production remain the same. B. An increase in the quantity of labor and a corresponding decrease in leisure hours shifts the production function upward. C. An increase in the quantity of labor and a corresponding decrease in leisure hours will have no effect on real GDP. D. Labor hours are not all equally productive.
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Business, 21.06.2019 22:10
Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)
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Business, 22.06.2019 15:20
Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is
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Business, 22.06.2019 16:10
Answer the following questions using the bankerβs algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
Choose the correct statement. A. The aggregate production function is the relationship that tells us...
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