Based on the above scenario, the production function is Y=K1/3L1/3H1/3.
<h3>What is production function?</h3>
The word production function is known to be an equation that is said to be the one that shows the relationship between the quantities of productive factors (that is labor and capital) that are said to be used and also the number of product that has been obtained.
Note that from the above, the equation that stands for Cobb-Douglas production function with three inputs. K is capital (the number of machines), L is labor, and H is human capital is Y=K1/3L1/3H1/3.
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Answer:
The answer is "larger than 17%".
Explanation:
Assume the sum of investment as B is more than A:
In part A:
A B Increment
Purchase(assumed) 100 150 50
Departure Rate 14% 17%
Return 14 25.5 11.5
The rate of return increases
23
In part B:
A B Increment
Purchase(assumed) 100 120 20
Departure Rate 14% 17%
Return 14 20.4 6.4
The rate of return increases
32
Answer:
yes, what else do you want to tell me
Here is the answer choice to the question
a. the real rate of interest on your loan is 14%.
b. the real rate of interest on your loan was previously 10% and is now 35%.
c. the real rate of interest on your loan is now –2%.
d. you will pay the lender back exactly $9,500.
e. you will pay the lender back exactly $10,700
Answer:
C. the real interest rate on your loan is now -2%
Explanation:
The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate
Inflation rate = 7%
Nominal interest rate= 5%
= 5 percent - 7 percent
= -2%
The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.
Answer: Part time employees
Explanation: These are employees that do a smaller amount of work than the full designated amount of time throughout the course of a typical work week. The amount of time could range from one to 20hours to some companies and one to 34 hours to others. The employees usually not included in retirement proposals of the company that hired them and also not given organized provision of medical care privileges.