The following schedule shows the total production per week of a certain product. Labor, LOutput per week, Q 00 112 220 325 427 528 624 1. State the profit-maximization input usage from your textbook. Use to answer the next questions. 2. Assuming that the product sells for $50 per unit and workers can be hired in a competitive labor market for $200 per week, how many workers should be hired

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

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Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?