![lieunekop8fm90](/avatars/24424.jpg)
lieunekop8fm90
09.04.2020 •
Mathematics
Assume it takes 10 units of labor to produce 4 units of output. When the price of labor is $6 per unit and fixed costs equal $60, what is the total cost of those 4 units of output? Select one:
a. $120
b. $70
c. $84
d. $60
Solved
Show answers
More tips
- H Health and Medicine Liver Cleansing - Rejuvenation for the Body?...
- L Leisure and Entertainment Scrapbooking: What is it and Why is it Becoming More Popular?...
- H Horoscopes, Magic, Divination How to Cast a Love Spell on a Guy? Guide for Guys...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- S Style and Beauty How are artificial nails removed?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- F Food and Cooking The Disease That Haunted Abraham Lincoln...
- C Computers and Internet How to Get Rid of Windows Genuine Check?...
- H Health and Medicine How to perform artificial respiration?...
- S Style and Beauty Tricks and Tips: How to Get Rid of Freckles...
Answers on questions: Mathematics
- M Mathematics − 1/ 3 ( 2/ 3 x + 5 ) = − 4/ 3 ( 1/ 2 x − 8 )...
- M Mathematics Christian and Yong had some stickers in the ratio 2:3. After Yong gave Christian 15 stickers, the ratio became 5: 7. What was the total number of stickers they had?...
- B Biology Nearly all of the energy in earth s ecosystems comes from the sun. which statement about the movement of that energy through the biogeochemical carbon cycle is correct? a....
- M Mathematics Complete the table of values for the equation y= -4x + 2...
Ответ:
a) $120
Step-by-step explanation:
Given:
It takes 10 units of labor to produce 4 units of output.
When the price of labor is $6 per unit and fixed costs equal $60.
Question asked:
What is the total cost of those 4 units of output?
Solution:
To produce 4 units of output:
Price of 1 labor = $6
Price of 10 labors = $6
10 = $60
Fixed cost = $60
Total cost = Price of labors to produce 4 units + Fixed cost
= $60 + $60 = $120
Therefore, the total cost of those 4 units of output is $120.
Ответ: