A company looking to expand its business within a specific scope of expertise whether through creating or acquiring complementary and/or competitive products is known as

Consider an economy where the elasticity of output with respect to capital is 0.4 and the elasticity of output with respect to the labor input is 0.6. Assume that the growth rate of output is 3%, the growth rate of capital is 1%, and the growth rate of the labor input is 2%. (a) What is the rate of productivity growth?

e Page(s) 416-418 12.4. Why are institutions the key to economic growth? Chile's per capita GDP rose from $7,709 to $20,208 over 23 years (1985- 2008). Which of the following factors is included in modern growth theory but not in the Solow model? Click or tap a choice to answer the question. expanded water-management infrastructure to support agriculture new technology that has revolutionized the salmon industry privatization of many government-owned businesses an expanded wine industry that takes advantage of Chile's geography

A public-private initiative in Texas will significantly expand the wind-generated energy through- out the state. The cash flow for one phase of the project involving Central Point Energy, a trans-mission utility company, is shown. Given reinvestment rate of 14% per year for excess funds and 10 % per year for borrowing rate for extra funds, determine: given MARR = 12% Year Net cash flow 0 -50000 1 +22000 2 +38000 3 -2000 4 -1000 5 +5000   a) How many number of ROR values is expected and why? b) Calculate the external rate of return (MIRR). c) Is the project economically viable?