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Business, 04.12.2020 16:30 mydoggy152

Approximately how many years would it take for an investment to grow fourfold if it was invested at 16 percent compounded semiannually

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Business, 22.06.2019 21:30, mydoggy152
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Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?
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