User Account

All Pages

A furniture manufacturer is considering moving

Assignment Help Macroeconomics
Reference no: EM13332940

A furniture manufacturer is considering moving its production to India. Its production function is: Q = 1.52L.6K.4. In Canada, w = $24 & r = $4. In India, w = $4 & r = $24.

a. What is the K/L ratio in Canada? If Q = 100, what is L & K in Canada? What is total cost?

Reference no: EM13332940

Questions Cloud

What is the price level : Suppose that this year's money supply is $500 billion, nominal GDP is 10 trillion and real GDP is $5 trillion.
Calculate the impulse imparted by his blow : A professional boxer hits his opponent with a 1000 N (225 lb) horizontal blow that lasts for 0.15 s. Calculate the impulse imparted by his blow
Explain the half reactions for ccl4 and fe : The half reactions for CCl4 and Fe are: CCl4(aq) + 1/2H+ + e- = 1/2CHCl3 + 1/2Cl- E0 = 0.67 Volts Fe3+ + e- = Fe2+ E0 = 0.771 Volts Could a microorganism gain any energy from an overall reaction in which it reduced CCl4 with dissolved Fe2+ as a re..
Determine the equivalent units of production : Determine the equivalent units of production for each cost component for each department under the WA method and determine the equivalent units of production for each cost component for each department under the FIFO method.
A furniture manufacturer is considering moving : A furniture manufacturer is considering moving its production to India. Its production function is: Q = 1.52L.6K.4. In Canada, w = $24 & r = $4. In India, w = $4 & r = $24.
Explain what is the equilibrium constant for 2 no2(g) : Given the equilibrium constants below: (1/2) N2(g) + (1/2) O2(g) NO(g) Kc= 4.8*10^(-10) 2 NO2(g) 2 NO(g) + O2(g) Kc= 1.1*10^(-5) What is the equilibrium constant for: 2 NO2(g) N2(g) + 2 O2(g) Kc=?
What would be the price relative to the xy bond : You purchase a bond for $875. It pays $80 a year (that is, the semiannual coupon is 4%), and the bond matures after 10 years. What is the yield to maturity
What is the final velocity of each vehicle : A 1055 kg van, stopped at a traffic light, is hit directly in the rear by a 735 kg car traveling with a velocity of +2.25 m/s. What is the final velocity of each vehicle
How fast is the block moving : A 4.25g bullet traveling horizontally with a velocity of magnitude 375m/s is fired into a wooden block with mass 1.10kg , How fast is the block moving just after the bullet emerges from it

Reviews

Write a Review

Macroeconomics Questions & Answers

  Suppose q is the quantity demanded for medical care services

Suppose Q is the quantity demanded for medical care services. The linear industry demand function takes the form.

  What is opportunity cost

What is opportunity cost? Explain with the help of an example, why assumption of constant opportunity cost is very unrealistic?  Explain law of demand with the help of a demand schedule and demand curve.

  What kind of inefficiencies likely occurred during the year

which is "In the late 18th century, the price of bread in New York City was controlled, set at a predetermined price.", and then show the shift in supply. assume that the predetermined price did not change and the demand for bread did not change.

  Borrowers would be willing to pay a higher rate of interest

Elucidate as carefully as you can why borrowers would be willing to pay a higher rate of interest.

  Details of investing in market based portfolio

Based on current dividend yields and expected capital gains, expected rates of return on portfolios A and B are 11 percent and 14%, respectively. The beta of A is 0.8, while that of B is 1.5.

  Suppose the banking system is in reserve equilibrium

Suppose the banking system is in reserve equilibrium. The Fed conducts an open market purchase of Treasury securities in the amount of $1 billion.

  Inflation by definition real wages have factored inflation

It cannot be as the inflation by definition real wages have factored inflation in.

  What happens during first stage to equilibrium price level

Consider the process by which the economy self-corrects following an initial increase in aggregate demand. This process is similar to the process of self-correction following an initial decrease in aggregate demand, but in reverse.

  Prepare an salary statement for the month

Prepare an salary statement for the month utilizing the contribution format and the variable costing method.

  Computation of parity price

If the price of manufactured goods rises to $6 bushel (a rise of 50%), the parity price of corn as well rises by 50% - to $4.50 in this hypothetical example.

  Find the three stages of production

Calculate the marginal product of labor, at what point does diminishing returns set in, calculate the average product of labor and find the three stages of production

  What amount should be paid for the bond

Mr.Fritz wishes to purchase a bond having a face value of $1000 and a bond rate of 8% payable annually. The bond has a remaining life of 12 years. In order to earn 10% rate of return on the investment, what amount should be paid for the bond?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd