Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Economics


Home >> Business Economics

If output is produced according to y = 4L + 6K, the price of K is $15, and the price of L is $12, then the cost-minimizing combination of K and L capable of producing 96 units of output is

a. L = 0 and K = 16. b. L = 20 and K = 12. c. L = 24 and K = 16. d. L = 12 and K = 8. e. L = 24 and K = 0.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92838957
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

Liquidity ratios burts tvs has current liabilities of 258

Liquidity Ratios Burt's TVs has current liabilities of $25.8 million. Cash makes up 48 percent of the current assets and accounts receivable makes up another 28 percent of current assets. Burt's current ratio = .93 times ...

Economics - unemploymentwhat kind of monetary and fiscal

Economics - Unemployment What kind of monetary and fiscal policies could be introduced to reduce unemployment? Why would we expect these policies to have inflationary consequences? Illustrate your answer diagrammatically

A if the required reserve ratio is 250 percent what is the

a. If the required reserve ratio is 2.50 percent, what is the monetary multiplier b. If the monetary multiplier is 5, what is the required reserve ratio?

A sample of 1000 crop-eating beetles are collected and

A sample of 1,000 crop-eating beetles are collected and closed and dosed with a new pesticide. Researchers count dead beetles to measure toxicity of the pesticide, finding that 639 beetles die after being dosed. the samp ...

Describe five changes in the vaiables that will cause

Describe five changes in the vaiables that will cause demand for a product to increase, shifting the demand curve to the right?

Connecticut should pass its senate bill 60 which states

Connecticut should pass its Senate Bill 60, which states that during a 'severe weather event emergency, no person within the chain of distribution of consumer goods and services shall sell or offer to sell consumer goods ...

A if the required reserve ratio is 250 percent what is the

a. If the required reserve ratio is 2.50 percent, what is the monetary multiplier b. If the monetary multiplier is 5, what is the required reserve ratio?

Out of 140 randomly selected kindergartners who were

Out of 140 randomly selected kindergartners who were surveyed, 32 said that pancakes are their favorite breakfast food. Construct and interpret a 90% confidence interval for the percentage of all kindergartners who say p ...

A study sample was done regarding the association between

A study sample was done regarding the association between family history and the risk of developing AD. Exposure were family history of AD and no family history of AD. Outcomes were development of AD or no development of ...

The time needed to complete the final exam for math 106 is

The time needed to complete the final exam for Math 106 is normally distributed with a mean of 75 minutes and a standard deviation of 10 minutes. For each question below, draw, label, and shade the area that you are inte ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved