Business, 30.10.2020 18:00 chanahvanya
A production function expresses the relationship between inputs, such as capital (K) and labor (L), and output (Y). The following equation represents the functional form for a production function: q=f(K, L). If a production function exhibits constant returns to scale, this means that if you double the amount of capital and labor used, output is twice its original amount. Suppose the production function is as follows: f(K, L)=4K+9L. Prove that this production function exhibits constant returns to scale by completing the following algebraic equations. Assume that z is a positive number. f(zK, zL) = = = = zq Which of the following production functions exhibit constant returns to scale? Check all that apply. f(K, L)=3K0.4L0.2 f(K, L)=KL f(K, L)=7K0.4L0.6 Continue without saving
Answers: 2
Business, 21.06.2019 20:30, ROBIOX3551
Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation
Answers: 3
Business, 22.06.2019 10:00, chancegodwin5
In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer
Answers: 1
Business, 22.06.2019 11:20, leshayellis1591
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
Answers: 1
A production function expresses the relationship between inputs, such as capital (K) and labor (L),...
Social Studies, 29.07.2019 11:30
Biology, 29.07.2019 11:30
Social Studies, 29.07.2019 11:30
Social Studies, 29.07.2019 11:30
History, 29.07.2019 11:30
Business, 29.07.2019 11:30