Business, 13.07.2019 01:10 zoeedadoll
Afirm produces its product using only labor. its production function is q = 20lminusupper l squared, where q is the number of units of output produced and l is the number of labor hours used. the firm purchases labor in a competitive labor market at the going wage rate of w = $11 per hour. the firm sells its output in a competitive market at the market price of p = $3. to maximize profit, the firm should use hours of labor and produce units of outputthe firm's profit will be $
Answers: 1
Another question on Business
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
Business, 22.06.2019 06:30
Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies
Answers: 1
Business, 22.06.2019 19:00
Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline
Answers: 1
Business, 22.06.2019 19:40
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
You know the right answer?
Afirm produces its product using only labor. its production function is q = 20lminusupper l squared,...
Questions
Mathematics, 04.04.2020 16:41
History, 04.04.2020 16:41
English, 04.04.2020 16:41
History, 04.04.2020 16:42
Mathematics, 04.04.2020 16:43
Mathematics, 04.04.2020 16:43
English, 04.04.2020 16:43
Mathematics, 04.04.2020 16:43
Mathematics, 04.04.2020 16:43
Biology, 04.04.2020 16:44
History, 04.04.2020 16:44
