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A firm with 100 workers produces 1000 units a month with fixed capital depreciation costs of $90,500, raw materials $199,000, auxiliary materials $10,000, and unit cost of wages 10usd/ 1 product. m'=250% a. Calculating value: constant capital, variable capital, fixed capital, mobile capital b. Calculate the average salary of 1 worker c. Calculate the total value of products of the business and the value of 1 product unit

A firm with 100 workers produces 1000 units a month with fixed capital depreciation costs of $90,500, raw materials $199,000, auxiliary materials $10,000, and unit cost of wages 10usd/ 1 product. m'=250% a. Calculating value: constant capital, variable capital, fixed capital, mobile capital b. Calculate the average salary of 1 worker c. Calculate the total value of products of the business and the value of 1 product unit

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A firm with 100 workers produces 1000 units a month with fixed capital depreciation costs of $90,500, raw materials $199,000, auxiliary materials $10,000, and unit cost of wages 10usd/ 1 product. m'=250%

a. Calculating value: constant capital, variable capital, fixed capital, mobile capital

b. Calculate the average salary of 1 worker

c. Calculate the total value of products of the business and the value of 1 product unit

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