The Output at a Certain Plant Is $Q = 0.06 x ^ { 2 } + 0.15 x y + 0.05 y ^ { 2 }$

question 23

Multiple Choice

The output at a certain plant is $Q = 0.06 x ^ { 2 } + 0.15 x y + 0.05 y ^ { 2 }$ units per day,where x is the number of hours of skilled labor used and y is the number of hours of unskilled labor used.Currently 60 hours of skilled labor and 150 hours of unskilled labor are used each day.Use calculus to estimate the change in unskilled labor that should be made to offset a 1 hour increase in skilled labor so that output will remain the same.Round your answer to two decimal places,if necessary.

• A)No change
• B)An increase of 1.24 hours
• C)A decrease of 1.24 hours
• D)It cannot be determined

Grasp the roles and responsibilities of corporate directors and the importance of corporate governance.

Recognize the mechanisms in place to protect shareholders, including the fiduciary duties owed by directors and officers.

Comprehend the varied defenses and strategies deployed by corporations against hostile takeovers.

Appreciate the ethical considerations and potential conflicts of interest in corporate management decisions.

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Definitions:

Health Savings Account

A tax-advantaged savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan, designed to pay for qualified medical expenses.

Maximum Deductible

The highest amount that can be deducted from taxable income, often referring to specific expenses or types of deductions.

Out of Pocket Expense

Expenses that are paid directly by an individual and not reimbursed, often related to healthcare, business, or personal costs.

Self-Employment Tax

The tax covering Social Security and Medicare for individuals who work for themselves, essentially the self-employed version of FICA taxes.