Labor (workers per week) Output(units per week) 0 0 1 20 2 50 3 70 4 85 5 95 6 100 The table above gives a firm’s total product schedule. Suppose labor is the only variable factor of production. The price of labor is $500 per week and total fixed costs are $600 per week. What is the total cost of producing 70 units?

Average product of labor is equal to ________.

When Matsushita sells its TVs and VCRs using the same basic marketing approach in various countries, this is an example of

About the standard deviation:  (Select all that apply)

A chemical supply company ships a certain solvent in 10-gallon drums. Let X represent the number of drums ordered by a randomly chosen customer. Assume X has the following probability mass function (pmf). The mean and variance of X are:

Capital structure policies, such as level of debt and equity that a firm employs, are factors that a firm can control when considering its WACC

Given the following equation and equilibrium concentrations, determine the value of the equilibrium constant. PCl5(g) ⇌ PCl3(g) + Cl2(g) [PCl5] = 5.30 M; [PCl3] = 0.406 M; and [Cl2] = 0.406 M

Managers, if good stewards of investor funds, invest only in those projects that can produce a return > or = return investors could get elsewhere

The following data correspond to the running speed (cm/s) of a certain species of spider:  1.25, 1.64, 1.91, 2.31, 2.37, 2.38, 2.84, 2.87, 2.93, 2.94, 2.98, 3.00, 3.09, 3.22, 3.35, 3.41 If one spider is chosen at random from this population of 16, the probability that the running speed is greater than 2.5 cm/s is; (Report in percentage or proportion Round your answer to two decimal places)   

Sources of conflict between NPV and IRR on mutually exclusive projects involve _________________  of cash flows and ____________________ issues.