If the total output rises while the cost per unit fails, a firm is understood to be enjoying_____:

The law of diminishing marginal productivity pertains to_____:

Fixed inputs are_____:

Firms that compete in perfectly competitive markets must decide_____:

When deciding whether to continue operations or shutdown, a perfectly competitive firm should_____:

An organization with 50 employees will add 10 employees next month. This is_____:

Which of the following is true regarding accounting profit?

A sample of nine public universities and nine private universities was taken. The total cost for the year (including room and board) and the median SAT score (maximum total is 2400) at each school were recorded. It was felt that schools with higher median SAT scores would have a better reputation and would charge more tuition as a result of that. The data are in the following table. Run the regression one time without dummy variable and one time with dummy variable

a)         Write the predicted regression equation and highlight it for both models

b)         High light the r2 and explain it for both models

c)         Highlight Significance F and explain it for both models

d)         Highlight the p-value and discuss if independent variable is significant or not for both models

e)         Discuss the sign of the co-efficient for both models

f)          Are private schools more expensive than public schools when SAT scores are taken into consideration?

g)         Discuss how accurate you believe these results are using information related to the regression models. ( not for this session).

Hint: Dummy variable gets the value of 0 for public universities and1 for private universities.

please show screenshots and what formulas used in excel/the labels thank you

The total prime cost of a product was OMR4,400. The variable manufacturing overhead is calculated based on the number of direct labor hours. The variable manufacturing overhead cost per hour is three times the direct labor cost per hour. The fixed manufacturing overhead was OMR1,500. Assuming that direct labor hours were 300 and that the direct labor cost was 10% of direct materials cost, how much is the total manufacturing cost? Select one:

a. OMR7,100

b. OMR5,900

c. OMR17,600

d. OMR13,100

e. OMR19,100

CLEAR MY CHOICE

use C++

. Compute the total cost of a meal inclusive of GST (Goods and Service Tax) and tipping. Assume that the GST is fixed at 6% but the amount to tip will depend on the customer. Your program should input the cost of the meal (before GST and tipping) and the tip amount (to be input as a percentage). Your program should display: - The total cost of the meal BEFORE GST and tipping - The total cost of the meal AFTER GST - The total cost of the meal AFTER GST and tipping

The following is total monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company:

In September, actual costs and activity were as follows:

Required
Compute the flexible-budget variances for the following two activity cost items (round all answers to the nearest dollar and enter favorable variances as positive numbers and unfavorable variances as negative numbers):

  Account inquiry:

  Correspondence:   

1. A company purchased and installed a machine on January 1, 2012, at a total cost of $108,500. Straight-line depreciation was calculated based on the assumption of a seven-year life and no salvage value. The machine was disposed of on April 1, 2016. (25 Points)

a. Prepare the general journal entry to update depreciation to April 1, 2016.
b. Prepare the general journal entry to record the disposal of the machine under each of these three independent situations:
(1) The machine was sold for $45,000 cash.
(2) The machine was sold for $36,000 cash.
(3) The machine was totally destroyed in a fire and the insurance company settled the claim for $41,000 cash.

Please explain how you are solving the problem.

Answer:

a.

b.(1)

b.(2)
  

b.(3)                

A sample on nine public universities and nine private universities was taken. The total cost for the year (including room and board) and median SAT score (maximum total is 2400) at each school were recorded. It was felt that schools with higher median SAT scores would have a better reputation and would charge more tuition as a result of that. The data is in the table below. Uss regression to help answer the following questions based on this sample data. Do schools with higher SAT scores charge more in tuition and fees? Are private schools more expensive than public school when SAT scores are taken into consideration.

Category              Total cost                             Median SAT

Public                   21,700                                  1990

Public                   15,600                                   1620

Public                   16,900                                   1810

Public                    15,400                                  1540

Public                    23,100                                   1540

Public                     21,400                                  1600

Public                     16,500                                   1560

Public                     23,500                                   1890

Public                     20,200                                    1620

Private                    30,400                                     1630

Private                    41,500                                    1840

Private                    36,100                                     1980

Private                    42,100                                     1930

Private                     27,100                                    2130

Private                     34,800                                    2010

Private                     32,100                                    1590

Private                     31,800                                    1720

Private                      32,100                                    1770

PLEASE READ: PLEASE SHOW STOP BY STEP HOW YOU GOT THE ANSWER AND PLEASE SHOW HOW TO DO IT STEP BY STEP ON EXCEL. (answer will be thumbed down if this isn't included)

A firm’s revenue is given as: R= 100q + 8q². The firm’s total cost of production is given as: C= 250 + 500q.

1. Find out the firm’s profit-maximization level of output (q*).
2. What will be the market price at which the firm sells the output, q*?

The firm's production function is: q = K^0,5 L^0,5 and the total cost function is 10K + 10L = 10000 where q: output K: capital and L: labor

a. Calculate how many K and L are used for maximum production in 2 ways.

b. Draw the solution to the problem in graphic form with isoquant and isocost (TC) curves.

c. Draw it like No.2, add the following conditions in the same graph:

- if the price of L increases to 12

- if the price of L drops to 8

d. From the above problems, can you derive the labor demand function?