Durango Co. reported the following on the selling and administrative expense budget:Salary expense for October $100,000Salary expense for November $200,000Utilities expense for October $10,000Utilities expense for November $8,000Depreciation expense per month $30,000Salaries and utilities are paid in the month they are incurred. Budgeted cash disbursements for selling and administrative expenses for the month of November total .

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.