1.An economy has the following Cobb-Douglas production function:Y = F ( K, L) = (K)^1/3 (L)^2/3.c. Derive and interpret dK/dL.d. Solve for the degree of homogeneity of function Y.
Answers
1. Given the Cobb-Douglas production function Y = F(K, L) = K^(1/3) L^(2/3), let's derive and interpret dK/dL.
To find the derivative dK/dL, we need to use the implicit differentiation technique. In this case, we differentiate Y with respect to L, while treating K as a constant. Here's the calculation:
dY/dL = (2/3) K^(1/3) L^(-1/3)
Now, let's solve for dK/dL:
dK/dL = (dY/dL) / (dY/dK) = [(2/3) K^(1/3) L^(-1/3)] / [(1/3) K^(-2/3) L^(2/3)]
After simplifying, we get:
dK/dL = 2K / L
The interpretation of dK/dL is the rate at which capital (K) should be substituted for labor (L) to maintain the same level of output (Y). In this case, it means that for every 2 units of capital, 1 unit of labor is needed.
2. To solve for the degree of homogeneity of function Y, we examine the sum of the exponents of K and L in the production function Y = K^(1/3) L^(2/3).
Degree of homogeneity = (1/3) + (2/3) = 1
A degree of homogeneity of 1 indicates that the function Y is homogeneous of degree 1, meaning that it exhibits constant returns to scale. This implies that if you increase both capital and labor inputs by the same proportion, the output will increase by the same proportion as well.
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Related Questions
True or False: Some financial professionals prefer as-reported data, because they like to apply their own standardization techniques.
Answers
Answer:
That is true as far as I can tell
Explanation:
As Reported Data is published at a daily frequency (regardless of the frequency of the underlying indicator) allowing correlations to be made easily between macroeconomic indicators and daily financial series
What is an example of marketing through sports?
Free Bobbleheads being given out in a stadium
Gatorade advertising athletes drinking their product
tora
A team selling its own jerseys on a website
The NFL selling season tickets for a certain team
Answers
One illustration of sports marketing is Gatorade's advertisement for athletes to drink their product, tora. Option B is correct .
What is Sports Marketing ?Sports marketing is a subfield of marketing that focuses on both promoting other products and services through sports teams and events that are geared toward customers and fans and promoting sports events. It is a service in which a tangible product or a brand name can be promoted. The objective is to furnish the client with systems to elevate sports or to advance another item, administration, business or cause through sports. Through exchange processes, sports marketing is also designed to satisfy consumers' requirements and preferences.
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Linda purchased a washing machine and dryer set for $1,299 on a deferred payment plan. She needs to pay $80
per month for 6 months and the remaining balance in month 7. How much will Linda pay back in 6 months, and
what will the amount of her final payment be?
HELP PLEASE
Answers
Answer:
In six months, Linda will pay : $480
Final payments :$819
Explanation:
The monthly payments are $80 for six months.
For six months, Linda will have paid $80 times six months
=$80 x 6
=$480
The amount for her final payments will be the total of the two items minus the installment payments
=$1,299 - $480
=$819
Which of the following accounts would normally have a credit balance and appear in the balance sheet?
A. Dividends.
B. Salary expense.
C. Revenue.
D. Uneamed revenue.
E. Accounts receivable.
Answers
The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
The following information is relevant:
The dividend contains the normal debit balance and the same is to be shown under the stockholder equity statement.The salary expense is to be shown under the income statement and contains a normal debit balance.The revenue is to be shown under the income statement & contains a normal credit balance.Unearned revenue is a liability account and contains a normal credit balance. Also, it is to be shown under the balance sheet.The account receivable is an asset account & it contains a normal debit balance. Also, it is to be shown under the balance sheet.Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
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Which of the following is an example of a restrictive covenant?
a. Government regulations require disclosure of certain information.
b. A homeowner is required to carry adequate insurance by a mortgage lender.
c. A lender stipulates that it receive a percentage of a borrowing firm's profits
d. You tell your neighbor that they cannot park their car on the street in front of your house.
Answers
Restrictive covenants are provisions in a contract that forbid, forbid, limit, or otherwise regulate the conduct of a specific individual or entity.
What is a restrictive covenant in simple terms?Restrictive covenants are provisions in a contract that stop, forbid, limit, or restrict the actions of a particular person or entity. Real estate transactions frequently include restrictive covenants that cover a wide range of topics, from the number of tenants allowed in a building to the colours you can use to paint your home.
Four different sorts of promises can be found in restrictive covenants: (1) a promise not to compete with one's previous employer; (2) a promise not to solicit or accept business from former employer's clients; and (3) a promise not to hire or hire away former employer workers; (4) the pledge to abstain from using.
Therefore, the correct answer is option b) a homeowner is required to carry adequate insurance by a mortgage lender.
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Role of Insurance in a Business Environment - minimizing the risk of loss due to a tortious action on the part of the employer or employee (vicarious liability)
What is the primary purpose of a rating service company such as A.M Best?
Determine financial strength of an insurance company
Which of the following is NOT considered advertising?
A rating from a rating service company, such as A.M. Best
A plan in which an employer pays insurance benefits from a fund derived from the employer's current revenues is called
A self-funded plan
A nonparticipating policy will
not pay dividends
What kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus?
participating life insurance policy
Why are dividends from a mutual insurer not subject to taxation?
Because dividends are considered to be a return of premium
A type of insurer that is owned by its policyowners is called
A mutual insurer is owned by its policyowners.
A life insurance company has transferred some of its risk to another insurer. The insurer assuming the risk is called the
reinsurer. When risk is transferred from one insurer to another, the insurer assuming the risk is called the reinsurer.
A nonparticipating company is sometimes called a(n)
stock insurer. A stock insurer is referred to as a nonparticipating company because policyholders do not participate in dividends resulting from stock ownership.
Karen is a producer who has obtained personal information about a client without having a legitimate reason to do so. Under the McCarran-Ferguson Act, what is the minimum penalty for this?
A fine of $10,000 or up to one year in jail is the penalty for any person who obtains information about a client without having a legitimate reason to receive it.
An insurer's ability to make unpredictable payouts to policyowners is called
liquidity. Liquidity indicates a company's ability to make unpredictable payouts to policyowners.
Answers
Reducing the likelihood that a loss may result from a tort on the side of the employer or employee When an employer is held vicariously liable for the actions of his employees, it means that the employer is also held accountable.
There are limits to vicarious culpability. The frolic and divert defence is one of the most widely used strategies. The frolic and detour rule decides whether employers will be held vicariously accountable when employees hurt others while behaving beyond the scope of their employment.
For violations of Article 21 involving tortious conduct by employees while on the job, the Union and State governments would be held accountable. In many cases, the Supreme Court granted monetary settlements. Regarding Nibati Behera v.
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current period depreciation expense is listed: group of answer choices on neither the balance sheet nor the income statement; it is a noncash expense. on the balance sheet. in the investment section of the cash flow statement. on the income statement.
Answers
The current period depreciation expense is listed on the income statement. Depreciation is an accounting method used to allocate the cost of a long-term asset over its useful life.
While it is a noncash expense because it does not involve an actual outflow of cash, it is still an important expense that impacts a company's profitability.
Depreciation expense is typically included as part of the operating expenses on the income statement. It is subtracted from the company's revenues to calculate the operating profit or loss. By including depreciation as an expense, the income statement reflects the ongoing decrease in the value of the company's assets that are used in its operations.
The income statement provides a summary of the company's revenues, expenses, and profits or losses for a specific period, such as a quarter or a year. Depreciation is an essential component of the income statement as it helps in assessing the true profitability of the business by accounting for the wear and tear or obsolescence of its long-term assets.
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on what grounds is the Trump administration investigating imposing tariffs on imported automobiles?
Answers
Answer:
The clock has run out on President Donald Trump's "Section 232" tariffs on imports of foreign-made cars and auto parts, after he failed to announce a decision by a self-imposed deadline, trade law experts say.
The U.S. administration may have to find other means if Trump wants to tax European or Japanese car imports, a key part of the U.S. president's pledge to make America's trade relationships more fair, the experts say.
Which type of interest does not change over the life of a loan?
Principal interest
Fixed interest
Variable interest
Annual percentage rate
Answers
Answer:
Fixed interest
Explanation:
A fixed-rate mortgage charges a set rate of interest that does not change throughout the life of the loan. You'll know exactly how much each monthly payment will be, as well as how much it will cost you overall to pay off the loan based on that rate.
The sales clerks of Teresa’s Treasures are paid a salary of $225 per week plus a commission rate of 8% on all sales they make. Calculate the gross earnings for the employees---Remember to add their commission! Tina Valendez-Sales for the week: $2,392.50
Answers
The gross earnings for the employees, if the sale for a week will be $446.4.
What is the percentage?The amount of any product is given as though it was a proportion of a hundred. The ratio can be expressed as a quarter of 100. The phrase % translates to one hundred percent. It is symbolized by the character '%'.
The percentage is given as,
Percentage (P) = [Final value - Initial value] / Initial value x 100
Teresa's Treasures pays its sales representatives a salary of $225 per week in addition to an 8% commission on all sales they make.
Then the gross earnings for the employees, if the sale for a week is $2,392.50, will be given as,
⇒ $255 + 0.08 x $2,392.50
⇒ $255 + $191.4
⇒ $446.4
The gross earnings for the employees, if the sale for a week will be $446.4.
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drew suspects that his shift leader is stealing from the cash drawer at the end of his shift. they frequently work together and drew contemplates if he should report this incident. the reason for avoiding this conflict is
Answers
C. The potential for backlash
While this cannot be avoided, one of the reasons for avoiding this conflict is the possibility of backlash from the shift leader.
Conflicts in organizations also lead to disrespect and unnecessary tensions. Individuals gossip about others and pollute the environment; you may be an excellent performer and a diligent worker, but if you continue to backlash with your coworkers, you will undoubtedly earn a bad reputation.
When is it appropriate to avoid it:
When a problem is trivial and other problems are more important or pressing, devote your time and energy to the latter.When there is no opportunity to address the issue constructively, attempting to solve it will be futile and may worsen the situation.To learn more about backlash, refer:
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The complete question is:
Drew suspects that his shift leader is stealing from the cash drawer at the end of his shift. They frequently work together and Drew contemplates if he should report this incident. The reason for avoiding this conflict is
Multiple Choice
A. the possibility of a promotion.
B. he enjoys confrontation.
C. the potential for backlash.
D. he’ll have a better workplace relationship.
E. it will decrease his stress.
The demand function for super big bright led light bulbs is Q^d=(45 million)-(3.5 million * P).If the company charged a price of $8 per bulb
Answers
Answer:
74
Explanation:
saif
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answers
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
This is a receipt for a purchase made at a restaurant in
Sacramento, California.
The total cost of the food and drinks before taxes was
The buyer paid vin sales tax.
Based on the receipt, Sacramento has a sales tax rate
of
Answers
Answer:
10.00 , .85 , 8.5
Explanation:
Answer:
This is a receipt for a purchase made at a restaurant in Sacramento, California.
The total cost of the food and drinks before taxes was
✔ $10.00
.
The buyer paid
✔ $0.85
in sales tax.
Based on the receipt, Sacramento has a sales tax rate of
✔ 8.5%
.
Getting, managing, and using information about what customers want in order to improve business decision making, marketing operations, and finding out what will sell is called .
Answers
Marketing-information management is the process of gathering, storing, and applying data on client preferences to enhance company decision-making competition and marketing operations and determine what will sell.
The particular demographic you wish to attract with your marketing message is known as a target market. They are the people who are most likely to purchase your goods or services, and they share some traits like behaviours and demographics.
Everything a business does to determine the needs of its customers and develop goods and services to meet those needs is referred to as marketing. The efficacy of your marketing initiatives may be determined thanks to market research. We can create surveys to get consumer opinions on the style and feel of your marketing messaging.
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History of Criminal Law
1. Since the beginning of civilization there have been
to guide appropriate behavior.
Answers
Answer:
Key Takeaways: Criminology
Criminology is the scientific study of crime and criminals.
It involves research to identify the factors that motivate certain persons to commit crimes, the impact of crime on society, the punishment of crime, and the development of ways to prevent it.
People involved in criminology are called criminologists and work in law enforcement, government, private research, and academic settings.
Since its beginnings in the 1800s, criminology has evolved into an ongoing effort to help law enforcement and the criminal justice system respond to the changing societal factors contributing to criminal behavior.
Criminology has helped develop several effective modern crime prevention practices such as community-oriented and predictive policing.
Criminology Definition
Criminology encompasses a wider analysis of criminal behavior, as opposed to the general term crime, which refers to specific acts, such as robbery, and how those acts are punished. Criminology also attempts to account for fluctuations in crime rates due to changes in society and law enforcement practices. Increasingly, criminologists working in law enforcement employ advanced tools of scientific forensics, such as fingerprint study, toxicology, and DNA analysis to detect, prevent, and more often than not, solve crimes.
Modern criminology seeks a deeper understanding of the psychological and sociological influences that make certain people more likely than others to commit crimes.
Deviant Personality Traits
From a psychological perspective, criminologists attempt to explain how deviant personality traits—such as a constant need for the gratification of desires—might trigger criminal behavior. In doing so, they study the processes by which people acquire such traits and how their criminal response to them can be restrained. Often, these processes are attributed to the interaction of genetic predisposition and repeated social experiences.
Many theories of criminology have come from the study of deviant behavioral sociological factors. These theories suggest that criminality is a natural response to certain types of social experiences.
Explanation:
Question 7 of 10
Which of the following tells you what your gross and net income was for a
particular pay period?
A. W-4 form
B. Pay check
C. Tax return
D. Pay stub
Answers
Answer:
d. pay stub
Explanation:
Pay stub tells you what your gross and net income was for a particular pay period. The appropriate response is option D.
What is Pay stub?An employer's pay stub is a record that lists an employee's gross pay, deductions from that pay, and net compensation. Paychecks are produced together with pay stubs.
Employees get a pay stub along with their paycheck that contains information about their gross pay, deductions made from it, and final net pay. Pay stubs should include information on tax deductions, health insurance premiums, and retirement contributions.
Your company will provide you with a non-binding pay stub that details your gross pay, benefits received, and net pay. Lenders, prospective employers, and other organizations utilize it to comprehend your earnings.
The appropriate response is option D.
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1. Problem solving and critical thinking are defined as
A. The process of finding solutions using myths.
3. Determining the quality of our beliefs,
C. The ability to use facts, knowledge and data to successfully solve problems
D. Assessing the practical impact of our beliefs,
Answers
Answer:
I believe it's C
Explanation:
It might not be, so I would wait till someone else gives you a answer just in case!!
Help ASAP!!!! What is the most-possible answer?
Answers
Answer:
Community and junior colleges.
Explanation:
I don't know if im too correct but if i am, mark me brainliest?:)
Answer:
D - Collages
Explanation:
That is the only thing I know that gives degrees
Sentinals FC, a soccer club, is hiring new players. The applicants are required to be of a certain height and physical build to qualify for the next round of the selection process. Consequently, some applicants do not qualify despite having exceptional soccer skills. This best exemplifies _____. disparate impact status-blind hiring summary dismissal nepotism
Answers
Considering the situation described in the question, the phrase that exemplified the situation is "disparate impact."
This is because the disparate impact is a phenomenon or situation that occurs when some policies or decisions are made in a neutral sense.
However, the effect of such policy appears to affect a certain set of people, thereby appearing as if it is discrimination.
In other words, a disparate impact is a form of unintentional discrimination that is originally established as impartial policies or regulations that are made generally but whose effects appear to affect a certain set of people.
In this case, the policy made by Sentinals FC on hiring new players affects a certain set of people.
Hence, in this case, it is concluded that the correct answer is "disparate impact."
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True or false.
Supply and demand determines the price of labor paid for jobs earning more than minimum wage.
Answers
Answer:
true
Explanation:
How does American style differ from Japanese style? Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. Japanese style is identified as casual, athletic, and clean-cut while American style is noted for having complicated cutting and structure.
Answers
Answer:
American style is identified as casual, and ethic and clean cut while japanese style is considered poorly and has been noted for having complicated cutting and structure
Explantion:
got it right on Edge 2022
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
please help
Answers
Answer:
2. What is a hospitality manager?
In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.
3. First, find a good mentor
second Be selective in your hiring
third Focus on leadership, not management
fourth Communicate, communicate, communicate
fifth Listen to your guests
sixth Keep learning
Explanation:
Hope this helps...
i need help with Question B5 (a) short essay. im completely lost please help me :(
Answers
moving production from a high-cost producer to a low-cost producer will
Answers
Answer:
there would be an increase i the marketing of your product.
Explanation:
if the product is expensive it wouldn't be accessible to all buyers caliber, certainly the small business person.
what is the code for the microwave in find the markers
Answers
The first thing you should remember is that every step of a microwave's processing is guided by a code. By knowing how to code, you may adapt a microwave to your own requirements.
How do I locate the markers' microwave code?The required number can be found by simply looking at the URL box at the top of the window, which is situated between "/users/" and "/profile." The big, two-story house next to the spawn is where you enter. By going up the steps and turning right, you may go to the kitchen. There is a microwave there as well as a fireplace inside.
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4. assume hirsch has decided to follow a high-involvement approach similar to the one he led at tunica. what challenges and risks do you anticipate hirsch will face in moving forward at metropolis, and how should he be prepared to respond?
Answers
There are no workers to borrow from other nearby locations, I believe there will be issues with staffing, as mentioned in the text.
However, a high level of involvement in the process is likely to result in a high level of comprehension and the techniques' long-term adherence among employees.
On the other hand, each employee's coaching costs may rise, but this does not guarantee that they will stay with the company. In my opinion, he needs to determine which groups and individuals require the most assistance and are most likely to remain for the program to be successful.
Moving people to different departments for short periods of time could possibly solve the staffing issue and conceal all coaching-related responsibilities.
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1 point
10. In reviewing your account statement, you see a Balance Transfer Fee.
Based on the information you see in the statement, what would be the fee
if you transferred $3,000 from another credit card? *
Answers
Answer:
Find attached statement and the question which question number 10.
The correct option is C,$90
Explanation:
In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of $23.55 was charged(Section 7)
Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785
balance transfer charge(%)=$23.55/$785=3%
However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).
The correct option then is C,$90
Say that your broker charges you a commission of $1,340.75 for your purchase of 258 shares of stock in Ergar Appliances. If Ergar Appliances has a list price of $73.96 and pays a dividend of $11.45 per share, what is your annual yield?
a.
0.1548
b.
0.1446
c.
0.1924
d.
0.0691
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
B. 0.1446
Explanation:
Yield refers to the benefits or earnings realized from an investment over a particular period.
Calculation of yield considers the profits made and the amounts invested.
The amount invested in this case
The commission =$1,340.75
Costs of the shares = 258 x $73.96 =$19,081. 68
Total cost of investment
= $19,081. 68 + $1,340.75
= $20,422.43
The gain realized = $11.45 x 258
=$2,954.1
Annual yield= =$2,954.1/$20,422.43
=0.144649
=0.1446
Answer:YOUR ANSWER IS B ON EGDE YOU GOT THIS
B. 0.1446
Explanation:
Yield refers to the benefits or earnings realized from an investment over a particular period.
Calculation of yield considers the profits made and the amounts invested.
The amount invested in this case
The commission =$1,340.75
Costs of the shares = 258 x $73.96 =$19,081. 68
Total cost of investment
= $19,081. 68 + $1,340.75
= $20,422.43
The gain realized = $11.45 x 258
=$2,954.1
Annual yield= =$2,954.1/$20,422.43
=0.144649
=0.1446
Explanation:
The most basic effect that an import tariff has is to raise domestic prices in the country imposing the tariff
Answers
Answer:
true
Explanation:
When the world price is lower than the domestic price of a good, domestic producers will need to lower prices in order to compete with imports. Tariffs artificially increase the price of imports, which means that domestic producers can charge an artificially high price for their goods. Tariffs always hurt consumers and industries that need to import materials or components.