Does this production function q = 9K0.8L0.1 exhibits [increasing return to scale, constant return to scale, decreasing constant return to scale]

Q: Briefly explain how an expansionary fiscal policy works.

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A: Agriculture business management is a specialization in management that focuses on the commercial…

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A: Given assumptions  that; A person earns $10 per hour and her non-labor income increases from $100 to…

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A: In perfect competition there are large number of firms and in monopolistic market there is only one…

Q: Q/ You have the following data on the stock situation of a material in an industrial company: Annual…

A: [a] Economic order quantity:- 2AOC  = 2*12000*900120*15% = 2160000018 = 1200000 = 1095 UNITS

Q: 2. Categories of goods Complete the following table by selecting the appropriate definition for each…

A: Non Excludable is that good that can't exclude a certain person from consuming that good infact it…

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A: A production possibility curve is a graph that depicts the many combinations of two items that can…

Q: Give at least one way in which communication can participate in local economic planning

A: Introduction In the evolving international viewpoint, it is no longer possible to reject the…

Q: Suppose there is a firm with at least some market power that supplies the same product to two…

A: The concept of price elasticity of demand is crucial to examine.

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A: The liquidation of an Irish bank gives an especially valuable chance to gain a better understanding…

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A: F statistic is a important statistics used in econometrics analysis.

Q: Given the data for two alternatives, choose the better alternative using the B/C ratio analysis.…

A: The correct answer is given in the second step.

Q: Sinking Fund is established in which funds will accumulate for replacement. TRUE OR FALSE

A: In business economics, depreciation is considered a fixed cost that a business has to incur.

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A: Future value refers to the expected value of an asset at a future date based on a projected rate of…

Q: Consider a coupon bond that has a par value of $800 and a coupon rate of 5%. The bond is curently…

A: Given:Par value=FV=$800Present value=PV=$792.61Coupon rate=5%Number of compundings=n=2…

Q: Discuss and give examples of the three indivisibilities of underdeveloped countries

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Q: 7 8.57 38.57 47.14 45 42 24 294.00 $ 6.00 7.50 40.63 48.13 55 37 8. 24 296.00 $ 2.00 43.33 50.00 65…

A: [a&b] Profit is maximized when MR>= MC. Thus, as in here, MR is not equal to MC, so…

Q: First, briefly explain the laws of supply and demand. In doing so, be certain your answer includes…

A: We can provide solution only for the first three parts and the last part (labeling the corresponding…

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A: Potential GDP is a basically a theoretical construct that estimates the value of the production that…

Q: Homework2: A construction company had a number of projects and needed to a construction equipment to…

A: In this question:- A construction company need a construction equipment which they will use for 5…

Q: 2. What is the comparative advantage of having a Strategic Management between No Strategic…

A: Ans- In this business world strategy is a eminent word. Top most officers and executives do it at…

Q: 32. A factory has production capacity of P12,000 units per month with an efficiency of 80% Fixed…

A: When money produced from a commercial activity exceeds the expenditures, costs, and taxes involved…

Q: Fl in the blariks When a country's income is PHP20008, you spent PHP1,75o When your income changed…

A:

Q: An amortization of a debt is in a form of a gradient series of P5,000 on the first year, P4,500 on…

A: Time period = 4 years Interest rate = 0.06

Q: Jack’s preferences are represented by the utility function U = XY^2. PX = 1, PY = 1.5 and his budget…

A:

Q: a. If Malawians have deposited none of the currency in Malawi's banks then the size of the money…

A: All answers given below,

Q: Considering the growing potential threat of terrorists' attacks worldwide, the President of an…

A: Aggregate demand refers to a total demand of an economy and aggregate supply is a total supply

Q: 87366 Econ121 Sara Co = Homework: Chapter 1 Homework Question 3, Concept Question A.1 Part 1 of 2 HW…

A: Answer: Given, Sales in week 1 = 25 Sales in week 2 = 15 Decrease in sales from week 1 to 2 = 25 -…

Q: Why is the American economy called a mixed economy?

A: A mixed economic system is defined as a economic system in which there are features of both…

Q: Discuss the importance of Asia in global business.

A: There are the following importance of Asia in global business. The most populated market of the…

Q: In the short run, the equilibrium price received by the vegetable farmers (operating in a perfectly…

A: The markets are the place where the buyers and the sellers of various goods and services tend to…

Q: Suppose the government borrows $20 million more next year than this year. What happens to…

A: PLEASE FIND THE ANSWER BELOW.

Q: In an economy, autonomous consumption expenditure is $50 billion, investment is $200 billion, and…

A: "Since you have posted a question with multiple sub-parts will solve first three subpart for you.To…

Q: Suppose the price of an M&M is $2.00, the price of Skittles is $3.00, and the budget is $24. M&Ms…

A: Budget line shows the combinations of two goods that a consumer can purchase at given market price…

Q: After Ragnarok, output of Asgard is decreased since every god that rules the realm is dead. After…

A: The IS-LM model demonstrates the interaction between the economic goods market and the market for…

Q: A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and…

A: Given:- Paid to manufacturer=Ph 250000 freight and insurance=Php 18000 Custom, broker fee=Php 8500…

Q: 1) Why does the gravity model work? A) Large economies became large because they were engaged in…

A: The correct answer is given in the second step.

Q: Homework 3 B. Dominant firm model questions Assume a market of a crude oil market. The world demand…

A: Given information World demand curve= 150-3Pd MCd=5+0.4Qd MCs=30+Qs

Q: How can growth and development affect the country’s economy?

A: Economic growth is defined as a rise in the market value of goods and services generated in the…

Q: Draw and fully label a diagram to illustrate the market for loanable fund to analyze this policy.…

A: [a]

Q: 3. Knowing that the demand for wheat is inelastic, if all famers voluntarily did not plant wheat on…

A: Dear Student, as you have posted multiple questions in a single picture, but according to the…

Q: -When you begin working in an industry if given the opportunity to choose the method by which you…

A: Below is the formula to find the future worth and present worth: Future Value = Present Value 1 +…

Q: Inthe Roman Empie, the frenes ofsier coinswnt rom almost 10% to poimatly by the er 250 O 70 O 60 0…

A: Currency is a kind of payment that may be used to buy and sell products and services.In a nutshell,…

Q: itially and has a 10 year life with a $20000 salvage value. The operating cost of the machine is…

A: * SOLUTION :-

Q: A student deposits P1,500 in a 9% account today. He intends to deposit another P3,000 at the end of…

A: The formula for calculating future value: FV = PV (1 + r)n Where FV is the future value PV is the…

Q: Compare and contrast Jevon’s and Gossen’s view of the equimarginal rule for maximizing consumer…

A: the difference in between the matters Menger theory versus the Jevons that is subjective in the…

Q: 1) Assume an economy without population growth or technological progress. Their production function…

A:

Q: When you were​ born, your grandfather established a trust fund for you in the Cayman Islands. The…

A: PLEASE FIND THE ANSWER BELOW.