Question #199435

Let K=10, L=5, P_K=10, P_L=25, Q=100 and [LTC=P_K×K+P_L×L]. Find the value of LAC


1
Expert's answer
2021-05-28T07:21:31-0400

If LTC = P_K×K+P_L×L, then LAC=LTC/Q=(10×10+25×5)/100=2.25.LAC = LTC/Q = (10×10 + 25×5)/100 = 2.25.


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