Suppose the marginal product of labor is 8 and the marginal product of capital is 2. if the wage rate is $4 and the price of capital is $2, then in order to minimize costs the firm should use:

Fiwrt corporation manufactures and sells stainless steel coffee mugs. expected mug sales fiwrt (in units) for the next three months are as follows: october november december budgeted unit sales 30,000 36,000 34,000 fiwrt likes to maintain a finished

Approximately what percentage of wealth is owned by the top 20 percent of american households?

A company makes greeting cards and their research shows that that price and demand are related linearly: p = m x + b. They know that for every additional card they wish to sell they need to drop the price by $0.10.

What are the effects of primarily getting news on social media? Are certain groups of people more affected by this?

Of the 168 hours in aâ week, as a full timeâ student, you should spend how many hours per week on schoolâ work?

The Inventory account is used in each of the following except: the entry to record goods purchased on account. the return of goods purchased. payment of freight on goods sold. payment within the discount period.

What are the advantages of having the federal reserve oversee the regulation of the banking system?

The Dow Jones Industrial Average is: a A good measure of the strength of the U. S. economy b Very stable from day to day c An indicator of the long-term value of stocks d Can predict global markets

An analysis of the accounts shows the following. 1. The equipment depreciates $248 per month. 2. One-third of the unearned rent was recognized as revenue during the quarter. 3. Interest of $550 is accrued on the notes payable. 4.

On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty: a. Fees accrued but unbilled at May 31 are $7,780. b. The supplies account balance on May 31 is $2,560.