As a head of the planning commission of midwest motors, your job is to determine where to locate a new plant. y
ou have access to the constant returns to scale technology y = s 1/2l 1/2 , where s is tons of steel and l is units of labor.
you can locate your plant either in country a or country b.
in country a, steel costs $7 a ton and labor costs $7 per unit.
in country b, steel costs $8 per ton and labor costs $6 per unit.

in which country should the company locate its new plant so as to minimize costs per unit of output?

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital

73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next