Answer:
0.25
Explanation:
The marginal rate of technical substitution (MRTS) can be described as the rate of a reduction is one factor to maintain the same production level when another factor is increased.
Given that labor is measured on the horizontal axis, the MRST of K for L can be calculated as follows:
Where;
MPK = Marginal product of capital = 2
MPL = Marginal product of labor = 8
Substituting the values into the equation, we have:
This implies that 0.25 of capital must be given up to have one unit of labor.
Answer:
Corporation
Explanation:
A corporation is a business ownership structure where the business is considered a legal entity separate from the owners. A corporation is subdivided into small units known as shares. Owning a share implies owning part of the corporation. Shareholders own the shares and the corporation.
The shares of a public corporation can be acquired by purchasing them at the security exchange market. Anyone can purchase shares and become a shareholder.
Answer:
The answer is:
when a nation's central bank makes an open market purchase of 20-year bonds, short-run effect is that the quantity of money in circulation increases, interest rates are low because the nation's commercial banks have more money to lend. Households and businesses are motivated to borrow money because of low rates
Explanation:
This is a monetary tool - open-market operation which is a situation in which when the central bank purchases securities inorder to increase the money supply and sells securities to decrease the money supply.
So when a nation's central bank makes an open market purchase of 20-year bonds, short-run effect is that the quantity of money in circulation increases, interest rates are low because the nation's commercial banks have more money to lend. Households and businesses are motivated to borrow money because of low rates.
This is usually done to stimulate the economy i.e to stop the economy from slowing down.
Answer:
100 units
Explanation:
Given the following net requirement for component J:
60 units in week 2
40 units in week 3
60 units in week 5
Lot sizing involves determining the amount or quantity of items which needs to be ordered or produced. There are various lot sizing techniques. However, the fixed period requirements involves choosing a fixed number of period for determining the number of orders of each item to make. The net total number of units is then calculated, this gives the total quantity of planned receipt or requirement.
Hence, the quantity of the first planned receipt will be :
Units in week 3, then units in week 5 (2 - period interval)
Net total = (40 + 60) units = 100 units
Answer:
Are not directly involved in operating the company.
Explanation:
External user of financial information are those that are not directly involved in the business's operations. They do not make decisions for the company but rather are interested in the financial statements of the company for various reasons.
Example of external users include stockholders, creditors, investors, government, journalists, and regulatory agencies.
Internal users in the other hand deal directly with the company and include managers, directors and employees.
