John Fleming, chief administrator for Valley View Hospital, is concerned about the costs for tests in the hospital's lab. Charges for lab tests are consistently higher at Valley View than at other hospitals and have resulted in many complaints. Also, because of strict regulations on amounts reimbursed for lab tests, payments received from insurance companies and governmental units have not been high enough to cover lab costs. Mr. Fleming has asked you to evaluate costs in the hospital's lab for the past month. The following information is available: (i) Two types of tests are performed in the lab - blood tests and smears. During the past month, 1,800 blood tests and 2,400 smears were performed in the lab. (ii) Small glass plates are used in both types of tests. During the past month, the hospital purchased 12,000 plates at a cost of 28,200 . This cost is net of a 6% quantity discount. 1,500 of these plates were unused at the end of the month; no plates were on hand at the beginning of the month. (iii) During the past month, 1,150 hours of labor time were recorded in the lab at a cost of 13,800 . (iv) The lab's variable overhead cost last month totaled 7,820 . Valley View Hospital has never used standard costs. By searching industry literature, however, you have determined the following nationwide averages for hospital labs: Plates: Two plates are required per lab test. These plates cost 2.50 the following and are disposed of after the test is completed. Labor: Each blood test should require 0.3 hours to complete, and the following smear should require 0.15 hours to complete. The average cost of this lab time is 14 per hour. Overhead: Overhead cost is based on direct labor-hours. The average rate for variable overhead is 6 per hour.
(b) For labor cost in the lab: (i) Compute a labor rate variance and a labor efficiency variance. (ii) In most hospitals, one-half of the workers in the lab are senior technicians and one-half are assistants. In an effort to reduce costs, Valley View Hospital employs only one-fourth senior technicians and three-fourths assistants. Would you recommend that this policy be continued? Explain.

Answers

Answer 1

Variable OH efficiency Variance is  $ 2916

The variance is a degree of variability. it's far calculated by taking the common squared deviations from the mean. Variance tells you the degree of spread in your records set. The extra spread the information, the larger the variance is with regards to the imply.

In possibility principle and facts, variance is the expectation of the squared deviation of a random variable from its populace imply or pattern imply. Variance is a measure, which means it's miles a measure of the way some distance a hard and fast of numbers are spread out from their common fee.

Variance is the degree how which facts points vary from the mean, whereas well-known deviation is the measure of the distribution of statistical statistics. The basic difference among each is widespread deviation is represented within the identical units because of the mean of records, even as the variance is represented in squared gadgets.

Req 1:                

Std Material Quantity (5300 test at 3): 15900 plates      

Std price per plate:     $ 4.20 per plate      

Actual Quantity purchased:   20,000 plates      

Actual Quantity used (20,000-3,000) 17,000 plates      

Actual Price per plate (79,800/20,000 plates) $3.99 per plate      

               

Material Price Variance = Actual Quantity purchased (Std price -Actual price)  

   20,000 plates (4.20-3.99) = $ 4200 Favorable    

               

Material Efficiency Variance= Std Price(Std Quantity -Actual Quantity)    

   4.20 (15,900 -17,000) = $4620 Unfavorable      

               

Req 2:                

Std Labour hours for actual output (1300 test at 0.80+4000 smear test at 0.40): 2640 hours

Std labor rate per hour: $12.20 per hour          

Actual Labour hours: 3000 hours          

Actual labour rate per hour: (33900/3000 hours) = $ 11.30 per hour    

               

Labour rate variance= Actual Hours (Std rate-Actual rate)      

   3000 hours (12.20-11.30)= $ 2700 Favorable    

               

Labour Efficiency variance = Std rate per hour (Std Hours-Actual Hours )    

   12.20 (2640 - 3000) = $ 4392 Unfavorable      

               

Req 3:                

Std labor hours allowed for actual output: 2640 hours      

Std Variable OH rate per hour: 8.10 per hour        

Actual variable OH incurred: 25,800          

Actual Labour hours: 3000 hours          

               

Variable OH rate variance= Actual labor hour*Std Oh rate per hour   - Actual variable OH

   3000*8.10 - 25,800 = $ 1500 Unfavorable      

Variable OH efficiency Variance= Std rate per hour (Std hours-Actual Hours)    

     8.10 (2640 - 3000) = $ 2916    

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Related Questions

Consider the case of an entrepreneur considering building a hotel in a town with only one other hotel. Should this potential entrant build a hotel which is identical to the existing one, or a clearly differentiated one? Carefully explain your logic.

Answers

In the case of an entrepreneur considering building a hotel in a town with only one other hotel, it would be more advantageous to build a clearly differentiated hotel rather than an identical one. Here's the logic behind this decision:

1. Market differentiation: By building a hotel that offers unique features, services, or experiences, the entrepreneur can attract a wider range of customers, including those who may not be satisfied with the offerings of the existing hotel. This can help the new hotel establish a niche market and attract clientele who seek something different.

2. Competitive advantage: A clearly differentiated hotel can create a competitive advantage by offering unique benefits that the existing hotel cannot. This can make the new hotel more appealing to potential customers and can help establish customer loyalty.

3. Pricing strategy: A differentiated hotel can set its own pricing strategy based on the unique features and services it provides. This can allow the entrepreneur to charge higher prices for specialized services or experiences, leading to potentially higher revenue and profit margins.

4. Brand image: A differentiated hotel can help establish a strong and unique brand image for the entrepreneur. This can lead to increased brand recognition and customer loyalty, which can help sustain the hotel's success in the long run.

In summary, the entrepreneur should build a clearly differentiated hotel to create a competitive advantage, establish a niche market, set a unique pricing strategy, and build a strong brand image. This approach is more likely to lead to long-term success in the hotel industry.

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Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insurance. What is Jose monthly net pay?

Answers

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

Choose the option that best matches the description given.

Providing assistance to people in need through programs is known as ___
services. a mental health b rehab c human

Answers

Necesito saber de que clase es para poder responder

Answer:

Human services

Explanation:

economists claim that a resale price maintenance agreement is not anti-competitive because question 15 options: retail cartel agreements cannot increase retail profits. if a supplier has market power, it will be likely to exert that power through wholesale price rather than retail price. retail markets are inherently noncompetitive. suppliers are never able to exercise noncompetitive market power.

Answers

Resale price maintenance agreements, according to economists, really aren't anti-competitive because suppliers can never utilize their market position in an anti-competitive manner.

What does non-competitive means ?

Not prone to or marked by rivalry or competitiveness. his lack of competition. a work market that is uncompetitive. studying in a noncompetitive setting. not being, partaking, or taking part in a contest or competition. Non-competitive inhibition is indeed a type of inhibition in which the inhibitor weakens the enzyme's activity and binds to the enzyme as well whether or not the substrate has already been bound.

What is an example of a non-competitive market and it's strategy ?

A monopoly is an excellent illustration of such a non-competitive market because, by definitions, a monopolist is a company that controls an exclusive market. What if there were just one manufacturer of smartphones worldwide? As a monopoly, that business might increase the cost of all smartphones. In non-price competition, a company "seeks to distinguish its service or product from competing items on the basis of features like design and workmanship," according to a marketing strategy.

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5. A number with the addition of itself becomes 38. What
is the number?

Answers

Answer:

19+19=38

...........................

To find the answer to this, just divide the given variable (38) by 2. Which is 19

Write about what college success means to you. How will you define success, and what strategies will you use to achieve success? Be sure to be specific. Do you have any concerns or worries about how you will manage your course assignments or expectations? Your journal entry will only be seen by you and your instructor, so feel free to share any questions and worries you have.

Answers

College success, in my detailed and long answer, means achieving personal and academic goals while maintaining a healthy balance between academic, social, and extracurricular activities.

To me, success is defined by personal growth, intellectual development, and the acquisition of skills and knowledge that prepare me for my future career and life. To achieve college success, I will employ several specific strategies. First, I will set clear, attainable goals for myself, both short-term and long-term. This will help me stay focused and motivated. Second, I will prioritize effective time management by creating a daily schedule and allocating adequate time to complete assignments, study for exams, and participate in extracurricular activities.

Third, I will seek assistance when needed, utilizing resources such as academic advisors, tutors, and professors to address any difficulties I may encounter. Lastly, I will maintain a healthy lifestyle by exercising regularly, eating well, and getting enough sleep to ensure that I am physically and mentally prepared for the challenges of college life.

As for concerns or worries, I am apprehensive about managing course assignments and meeting expectations, especially during periods of high stress or when balancing multiple deadlines. To mitigate these concerns, I will practice effective organization and time management skills, breaking large tasks into smaller, more manageable steps, and seeking help from available resources when needed.

In conclusion, by defining success as personal growth, personality development, and intellectual development, employing specific strategies such as goal-setting, time management, seeking assistance, and maintaining a healthy lifestyle, I believe that I can achieve college success. By addressing my concerns and worries about managing course assignments and expectations, I can feel more confident in my ability to excel in my college career.

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Which of the following is NOT a repayment plan option?
O Extended repayment plan
O Loan forgiveness repayment plan
O Income sensitive repayment plan
O Graduated repayment plan

Answers

Answer: Loan forgiveness repayment plan.

Explanation:

The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.

The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.

The Graduated Repayment Plan: This is a repayment plan option which increases every two years.

The loan forgiveness repayment plan is not a repayment plan option.

what do you mean by Business Risk ??

Answers

Answer:

Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.

Explanation:

hope it is helpful for you keep smiling

Answer:

hi r u Korean

Explanation:

I love koreans

If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?

Answers

Answer:

$270.00 in 15 years

Explanation:

3% of $600 = $18.00 annually

$18.00 x 15 years = $270.00 interest earned

alexander owns alexander’s tantalizing tees, a t-shirt shop in a small college town in georgia. with a staff of three part-time employees, alexander operates the business in accordance with his personal goals, dreams, and capabilities.

Answers

Based on the information provided, Alexander owns a t-shirt shop called Alexander's Tantalizing Tees in a small college town in Georgia. He runs the business with a staff of three part-time employees, and he operates the business based on his personal goals, dreams, and capabilities.


To provide a clear and concise answer, here are the key points:

1. Alexander's Tantalizing Tees is a t-shirt shop owned by Alexander in a small college town in Georgia.

2. The business has three part-time employees who assist Alexander in running the shop

3. Alexander operates the business according to his own personal goals, dreams, and capabilities. It's important to note that without a specific question, it is difficult to provide a more detailed or specific answer.

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Jerry is the proud owner of American BBQ Eat... Jerry is the proud owner of American BBQ Eateries LLC. They currently operate in the southeast and have recently entered into a nonequity alliance with Big Bills BBQ Grills Inc., with a promise of sharing codified information via a licensing agreement. Which of the following best represents this level of sharing knowledge?
A. tacit knowledge
B. explicit knowledge
C. core competency knowledge
D. strategic alliance knowledge

Answers

Answer:

I hope C is correct answer.

Barium Corporation has provided the following data concerning its most important raw material, Compound XYY2: Standard cost Standard quantity Material used in production in August Actual output in August $24.80 per liter 6.7 liters per unit of output 3,350 liters 410 units When recording the use of materials in production under a standard costing system, Materials Inventory would be:

Answers

The Materials Inventory would be debited when recording the use of materials in production under a standard costing system.

Standard costing systems are the methods used by businesses to manage their expenses and keep track of their profitability. It entails creating an estimate of the anticipated expenditures for each product produced.

The expected expenses are then compared to the actual expenses incurred during the production process to determine the variance. The variance is the difference between the expected and actual costs, and it can be used to adjust the product's selling price to ensure that the company is profitable.

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To examine
the weekly payroll of all employees, one would look at the:

Answers

To examine the weekly payroll of all employees, one would look at the: d. payroll register.

What is the payroll register?

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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Considering a commercial bank's balance sheet, which one of the following statements is true? Multiple Choice O Total Bank Assets = Total Bank Capital - Total Bank Liabilities
O Total Bank Assets = Total Bank Liabilities + Total Bank Capital O Total Bank Assets + Total Bank Liabilities =Total Bank Capital O Total Bank Assets + Total Bank Capital = Total Bank Liabilities

Answers

The true statement considering a commercial bank's balance sheet would be - Total Bank Assets = Total Bank Liabilities + Total Bank Capital.  

A bank's balance sheet is considered as a statement of its financial position, which lists its assets, liabilities, and capital accounts. It provides an idea about the bank's financial performance, its capability to pay its debts and other financial obligations. The formula for a bank's balance sheet is- Total Bank Assets = Total Bank Liabilities + Total Bank Capital.In this formula, Bank assets are the resources that a bank owns, which includes cash, securities, loans and reserves, etc. On the other hand, Bank liabilities refer to the amount that the bank owes to others, including deposits, loans, and other financial obligations, etc. Bank capital is the amount of equity that the bank has in its operations, which includes funds invested by shareholders and retained earnings. Therefore, it can be concluded that the total bank assets are equal to the total bank liabilities plus total bank capital. Hence, the correct option is - Total Bank Assets = Total Bank Liabilities + Total Bank Capital.

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What is the role of technology in the accounting process?

Answers

Answer:

using a computer

Explanation:

calculations

what is the independent and dependent variable?
please help

what is the independent and dependent variable?please help

Answers

Answer:

The result should be the dependent variable. Its the result or what you can control.

Explanation:

⚠︎IF SOMEONE SHARES A LINK DO NOT GO TO IT! IT WILL DOWNLOAD A VIRUS!⚠︎

ok have a good day ❀

Answers

Answer:

tank us.

Explanation:

IF SOMEONE SHARES A LINK DO NOT GO TO IT! IT WILL DOWNLOAD A VIRUS!ok have a good day

Among the key management skills, which do you think is the most important skill that a manager should possess?

Answers

Answer:

Good communication

Explanation:

Having good communication skills is probably the most important skill of all for managers to have. Unless you can properly communicate with those you supervise, the rest of the skills really won't matter.

Helpp!!!

What type of Economy do we have in the United States?
A. Market
В.Mixed
C.Command
D. Traditional

Answers

Answer:

mixed

the us economy has a mixed economy

As rule, the weaker the collective impact of competitive pressures associated with the five a competitive forcesthe easier it is for industry members to earn good profits and a nice return on investment.whether buyer switching costs are high or low, and how well informed buyers are about the product offerings of industry members.industry members have too much inventory or significant amounts of idle production capacity, especially if the industry's product entails high storage costs or high fixed costs.

Answers

As a general rule, the weaker the collective impact of the competitive pressures associated with the five competitive forces (bargaining power of suppliers, bargaining power of buyers, threat of new entrants, threat of substitute products, and rivalry among existing competitors), the easier it is for industry members to earn good profits and a nice return on investment.

Factors such as buyer switching costs and the level of information buyers have about industry members' product offerings can also influence the competitiveness of an industry. Low switching costs and well-informed buyers can lead to heightened competition.

Moreover, when industry members have excessive inventory or significant idle production capacity, particularly when the industry's products have high storage costs or high fixed costs, the competitive pressures may intensify.

This can lead to price wars and lower profitability, ultimately affecting the industry's overall attractiveness.

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59:47

What percentage of jobs are found through networking?
A.0%-20%
b. 20%-40%
c. 40%-60%
d. 60%-80%

Answers

Answer:

the answer is letter D

Explanation:

just took the test it was right on EDG

Answer:

60-80

Explanation:

bgood-295 inc. has the following information for its product: selling price per unit$ 220.00 variable expense per unit$ 97.50 fixed expense per month$ 448,090 the unit sales to achieve the company's monthly target profit of $31,000 is closest to: (do not round intermediate calculations.)

Answers

To calculate the unit sales needed to achieve the company's monthly target profit, you should follow these steps:

Step 1: Calculate the contribution margin per unit by subtracting the variable expense per unit from the selling price per unit.


Contribution Margin per Unit = Selling Price per Unit - Variable Expense per Unit
Contribution Margin per Unit = $220 - $97.50
Contribution Margin per Unit = $122.50

Step 2: Calculate the total fixed expenses and target profit.
Total Fixed Expenses + Target Profit = $448,090 + $31,000
Total Fixed Expenses + Target Profit = $479,090

Step 3: Calculate the required unit sales to achieve the company's monthly target profit by dividing the total fixed expenses and target profit by the contribution margin per unit.


Required Unit Sales = (Total Fixed Expenses + Target Profit) / Contribution Margin per Unit
Required Unit Sales = $479,090 / $122.50
Required Unit Sales = 3,910

So, the unit sales needed to achieve the company's monthly target profit of $31,000 is closest to 3,910 units.

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megacorp is a multinational enterprise. their customer payment files were recently stolen and sold on the black market. customers have reported that their credit cards are being charged for fraudulent purchases made in countries where they do not live and have never been. what is the most likely impact on megacorp from this attack? identity theft data loss availability loss reputation loss

Answers

In the situation represented above, the impact on Megacorp from the attack will be that of data loss. Therefore, the option B holds true.

Data loss can be ideally understood as the situation wherein the material information, whether confidential or not, is sacrificed for being misused by a third party through cyber crimes and other fraudulent activities. It is noteworthy to mention that a company should prioritize the safeguarding of data of its customers to maintain the level of secrecy, a consumer expects with his or her private information.

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Stars Ltd. sells product Special for £30 per unit. Managers of the company have calculated that, if Stars Ltd. sells 2,014 units of Special, total costs will equal to total revenues. The fixed cost per unit equals £20 when the company is selling 2,014 units of Special. Considering this information, which of the following statements is true? O a. Starts Ltd. would make a positive profit when selling 1,000 units of Special. O b. Stars Ltd. would have a safety margin of 986 units if selling 3, 000 units of Special. O c. Stars Ltd. would make a positive profit of £19, 720 if selling 2,500 units of Special. O d. None of the answers is true.

Answers

Stars Ltd. sells product Special for £30 per unit leverage Managers of the company have calculated that, if Stars Ltd. sells 2,014 units of Special. The correct answer is A. positive profit when selling 1,000 units of Special.

Plastic goods are produced by X Ltd. and sold for SAR 350 per piece. The company's fixed costs amount SAR 110,000, while its variable cost per unit is SAR 90. In the upcoming year, the business anticipates selling 1,800 units.

The entire fixed costs (SAR 110,00) are divided by the total contribution margin (SAR 1,080,000) to determine the operational leverage. Operating leverage is calculated as follows: 110,000/1,080,000 = 10.19

The projected number of units to be sold (1,800) is subtracted from the break-even number of units (2,250) to determine the margin of safety in units.

The safety margin in units is 2,250 minus 1,800, or 450 units. c. Margin of safety in SAR value: To calculate the margin of safety in SAR value, multiply the selling price per unit (SAR 350) by the margin of safety in units (450 units).

The SAR value of the margin of safety is 45O x 350, or SAR 157500. Margin of safety in percentage is derived by dividing the estimated sales in SAR value (SAR 630,000) by the margin of safety in SAR value (SAR 157,500). The proportion of the safety margin is 157,500 divided by 630,000, or 24.88%.

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If firms in an oligopolistic industry successfully collude and form a cartel, what price and output will result?

Answers

The price and output will result in a monopoly price and output.

Oligopolistic is an aggressive situation wherein there are only some sellers (of merchandise that may be differentiated but no longer to any remarkable volume); every supplier has an excessive percentage of the marketplace and cannot have the funds for to ignore the actions of the others.

An oligopoly is when a market is shared by way of handiest a small number of firms, resulting in a nation of limited opposition. for this reason the 1980s, it emerged more common for industries to be dominated by three companies as merger agreements among major players have resulted in industry consolidation.

Some of the most excellent oligopolies in the U.S. are in movie and tv manufacturing, recorded track, wi-fi carriers, and airlines.

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ABT is expanding rapidly and currently needs to retain all of its earnings: hence, it does not pay dividends. However, investors expect ABT to begin paying dividends starting with $1 per share 1 year from today and will grow rapidly at 30% for three years, after year 4 growth should be a constant 6,5% per year. If the required rate of return on ABT = 14%, what is the value of its stock today?

Answers

When the growth rate of dividends is higher than the investor's needed rate of return, but as time goes on, it begins to decline and stabilize at a lower rate of return, this is known as supernormal growth.

Year Dividend 1 $1 $2 (1+Growth rate) = $1.3 3 (1+Growth rate) = $1.69 4 (1+Growth rate) = $2.197 Terminal value = [Dividend for year 4*(1+Growth rate)]Growth rate / (Required return)

=[2.197*(1+0.065)]/(0.14-0.065)

=2.339805/0.075

=$31.1974

So, the current stock value equals the present value of future dividends and the final value.

=1/(1.14)+1.3/(1.14)^2+1.69/(1.14)^3+2.197/(1.14)^4+31.1974/(1.14)^4

=(1*0.877192982)+(1.3*0.769467528)+(1.69*0.674971516)+(2.197*0.592080277)+(31.1974*0.592080277)

that is equivalent to

=22.79 (about)

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For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the shift (left or right), and the impact on output and price level (increase or decrease) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario. Make sure your name and assignment number are written on each page of graphs you submit. All text must be written in the text box provided.

Congress passes a sweeping health care reform bill that provides free medical insurance for all Americans. Once the President signs it into law, the government will provide every American with a policy that will pay up to 80% of every medical bill a patient incurs. This change does not impact consumer income.

Answers

Explanation:

The passage of the health care reform bill would shift the aggregate demand (AD) curve to the right in the short run. This is because with the new policy, people would be able to afford more health care services, leading to an increase in the quantity of goods and services demanded at every price level. This would result in an increase in both output and the price level in the short run.

On the other hand, the aggregate supply (AS) curve would remain unchanged since the bill does not affect the costs of production or the available inputs.

Overall, the short-run impact of the health care reform bill would be an increase in output and a higher price level.

what does it mean to provide customer service? PLEASE HELP

Answers

Answer:

Providing excellent customer service means going the extra mile in making sure a customer is happy and satisfied with a company's products or services. It also involves providing service to a customer in a timely, pleasant manner.

QUESTIONS 4 66. - Neatness has great value Consider the following short run production function: Q=6L-0.4L (each a point) a. Find the value of L that maximizes output and maximum output b. Find the value of L that maximizes marginal product and maximum marginal product c. Find the value of L that maximizes average product and maximum average product Given a short run cost function as TC= 1/3Q¹-2Q²-6Q +100 a. Find the minimum value of AVC and MC (a point) A firm operates in a perfectly competitive market. The market price of its product is 4 birr and the total cost function is given by TC= 1/3Q - SQ+z0Q+50, where TC is the total cost and Q is the level of output. (each a point) a. What level of output should the firm produce to maximize its profit? b. Determine the level of profit at equilibrium. c. What minimum price is required by the firm to stay in the market Which Economic System is suit for Ethiopia? Discuss it? (4 point) Discuss the goals of macroeconomics and the measurement of economic performance of the country (6- the point) 6 6. What are problems and instruments of macroeconomics, Discuss it? (6-point)?​

Answers

a. The value of L is 7.5 and the maximum output is 22.5.

b. The value of L is 7.5 and maximum marginal product is 0.

c. There is no value of L.

What is the value of L?

a. To get value of L that maximizes output (Q), we need to differentiate the production function with respect to L:

\(Q = 6L - 0.4L^2\)

Taking derivative with respect to L:

dQ/dL = 6 - 0.8L

6 - 0.8L = 0

0.8L = 6

L = 6 / 0.8

L = 7.5

The value of L that maximizes output is 7.5 and maximum output (Q) will be:

\(Q = 6(7.5) - 0.4(7.5)^2\)

Q = 45 - 0.4(56.25)

Q = 45 - 22.5

Q = 22.5

To get value of L that maximizes marginal product (MP), we have to differentiate function:

MP = dQ/dL = 6 - 0.8L

Setting MP = 0:

6 - 0.8L = 0

0.8L = 6

L = 6 / 0.8

L = 7.5

The maximum marginal product is computed by substituting value into function:

MP = 6 - 0.8(7.5)

MP = 6 - 6

MP = 0

c. To find the value of L that maximizes average product (AP):

AP = Q / L = (6L - 0.4L^2) / L

Simplifying:

AP = 6 - 0.4L

Taking derivative:

dAP/dL = -0.4

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Which is most often a cause for a change in career or lifestyle? A) adjustments in vacation B) adjustments in life roles C) career satisfaction D) lifestyle satisfaction

Answers

Answer:

B adjustments in life roles

Explanation:

because if you have to adjust your life role or comfort zone to do something totally different it would mess up your timing and how you would do things

Adjustments in life roles are most often a cause for a change in career or lifestyle. Thus, option B is correct.

What is life role?

A life role is something that a person plays in his lifetime. here are eight life roles that a person follows. Those eight are:

Child, Student, Leisure, Citizen, Worker, Parent, Spouse, Homemaker

If a person needs to fit in any of these eight careers or wants to move from one lifestyle to another, then they make too many changes in their lifestyle or even make a change in their career.

For example, if Tanya was a working woman and decides to get married, then that means that she will also be a spouse and a part of homemaker, and a worker too. Then she does need to make some changes to fit all of these new adjustments and changes in her life. Therefore, option B is the correct option. Therefore, option B is the correct option.

Learn more about a career or lifestyle, here:

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