A plant's production function is Q = 2KL. For this production function, MPK = 2L and MPL = 2K. The price of labor, w, is $4 and of capital, r, is $6 per unit. a) In the short run, the plant's capital is fixed at R = 5. Find the amount of labor it must employ to produce Q = 300 units of output. b) How much money is the firm losing by not having the ability to choose its level of capital optimally? Hint: Solve the long run cost minimization problem (where the firm can choose its level of both capital and labor) and compare the cost of the solution with the cost of the inputs used in the answer to part a.

could you answer part b and c please

Product Life Cycle Dollars 0 Introduction Growth Maturity Time Consumers have stopped buying the product. Price has been affected because competition has entered. Sales have peaked. The company is starting to innovate. Decline As you look at the Product Life Cycle shown above, you notice that the space between sales and profits starts to widen in the Growth phase. Why? (Choose all responses that apply.) Sales Profits

Chelsea has to pay a series of uniform annual payments over a fixed period of time to repay a loan that would amount to $1,000,000. If Chelsea has to pay $30,000 per year for a rate of 6%, how long should she pay these uniform payments in order to repay her loan? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Question 2 What are the two main problems that have caused the demise of the command systems?

I do not need the answer to A. Can I get help on part D? Sorry for not clarifying. Thank you!

M10

When comparing a gross lease to a NNN lease, some of the key differences being lower rent for the tenant at the risk of paying any additional cost out of pocket such as repairs. This would normally be the responsibility of the landlord as with a gross lease. Although the tenant has more control, this also means more risk for them and work of upkeep. This makes a NNN more beneficial for a landlord, and may explain why it’s more common on commercial properties. Residential tenants tend to give gross leases in case any expenses arise the situation will be covered without extra cost to the tenant. This is a discussion from one of my classmates I'm supposed to respond to their post it's only a discussion

what is the terminology for this definition below: Year serving as point of comparison for other years

Time-series data: are always associated with price-making firms. may exhibit trend or cyclical variation, but not both at the same time. may exhibit trend or cyclical variation at the same time. all of these answers are correct. Typed and correct answer please. I will rate accordingly.