A company is currently producing 120 chairs per day. Assume the market currently tells us that the least-cost combination of resources to produce 120 chairs is the following: Labor 12 units $10 per unit Land 6 units $20 per unit Capital 5 units $20 per unit Entrepreneurial ability 3 units $10 per unit Now assume the company sells 120 chairs at $4 per unit, and then answer the following questions: Instructions: Enter your answers as whole numbers. a. What is the company's total revenue? $ b. What is the company's total cost? $

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer; by looking at total product,marginal product,and changes in both after changes in inputs

answer; capital structure decision;