Economics Answers

Partners Roger and Martin each have $3,000 capital balances and share income and losses in a 2:1 ratio for Roger and Martin, respectively. Cash equals $1,000, noncash assets total $10,000, and liabilities are $5,000. If all the noncash assets are sold for $4,000, Martin's capital account will:

Guwahati Tyres, a small producer of automobile typres, has the following production function:
Q=100K0.5L0.5.
During the last production period, the firm operated efficiently and used input rates of 100 and 25 for capital and labor respectively.
a.) What is the marginal product of capital and marginal product of labor based on input rates specified?
b.) If the price of capital was Rs.20 per unit what was the wage rate?
C.)for the next production,the price per unit of capital is expected to increase to Rs.25, while the wage rate and the labor input will remain unchanged under the terms of the labor contract with the labor union. if the firm maintains efficient production, what input rate of capital will be used?

Given the production function
Q = AKaLpNb
where Q is the rate of output and K, L, and N represent inputs of capital, labor, and land, respectively, determine
a. The specific conditions (i.e., values of a, p\ and b) under which returns to scale would be increasing, constant, and decreasing.
b. The equation for the marginal product function for each input

A firm has determined that it can produce 100 units of output with any of the following input combinations:
Capital Labor 20 1 16 2 12 3 11 4 9 6 7 9 5 13
a. What is the marginal rate of technical substitution between 3 and 4 units of labor? what is it between 5 and 7 units of capital?
b. can the marginal product of labor be determined from this data ? Explain
c. Assuming there are constant return to scale, what output rate will be produced if capital is 24 and labor is 6 ?

In one production period, a firm produced an output rate of 1,000 using 50 units of capital and 40 units of labor. In a later period, output was 1,500 units, the capital input was 60 units, and the labor input was 45 units. The base period input prices are r = 5 and w = 10. Determine total factor productivity in each period and the Percentage of change in that productivity between the two periods.

FNSACC503
Who is legally responsible for oversight of the budget in a business/ company?

FNSACC503
What are the four individual budgets that make up the manufacturing budget?

Which budget do the above budgets depend on and for what reason?

Fathiyya deposits RM6,000 into a money market account which pays interest at a rate of 10% per year. What will the amount in the account be after 10 years?

How does immigration affect commerce?

Develop a hypothetical table for coffee that show quantity demanded at various prices and supply of coffee at these prices. Draw a demand curve and supply curve and show an equilibrium price at which market is cleared of its supplies