What are five things you should consider when trying to decide if you should buy or lease a car?

The argument for import protection in developing countries to bring about industrialization differs from the infant-industry arg

Zigmanuir [339]

Answer:

D) it presumes there will be economic gains even if output does not become internationally competitive

Explanation:

The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that it presumes there will be economic gains even if the output does not become internationally competitive. International competitiveness is a step of the relative cost of services/goods from a nation. Countries that can provide a similar quality of goods at a cheaper cost are stated to be extra competitive.

4 0

3 years ago

Suppose the production function in medieval Europe is Y 5 K 0.5L0.5, where K is the amount of land and L is the amount of labor.

Sonbull [250]

Answer:

a) Y = 500

b) Wages: 2.5

Rental price: 2.5

c) labor Share of output: 0.370511713 = 37.05%

Explanation:

$Y = 4K^{0.5} \times L^{0.5}$

if K = 100 and L = 100

$Y = 5(100)^{0.5} \times (100)^{0.5}$

$Y = 50 \times 10$

Y = 500

wages: marginal product of labor = value of an extra unit of labor

dY/dL (slope of the income function considering K constant while L variable)

$ax^b = bax^{b-1}$

$Y = 5K^{0.5} \times L^{0.5}$

$Y' = 5K^{0.5} \times 0.5 L^{-0.5}$

$Y' = 2.5K^{0.5} \times L^{-0.5}$

$Y' = 2.5(\frac{K}{L})^{0.5}$

With K = 100 and L = 100

$Y' = 2.5(\frac{(100)}{(100)})^{0.5}$

Y' = 2.5

rental: marginal product of land = value of an extra unit of land

dY/dK (slope of the income function considering K variable while L constant)

$Y = 5K^{0.5} \times L^{0.5}$

$Y' = 2.5K^{-0.5} \times L^{0.5}$

$Y' = 2.5(\frac{L}{K})^{0.5}$

L = 100 K = 100

$Y' = 2.5(\frac{100}{100})^{0.5}$

Y' = 2.5

c) we use logarithmic properties:

$Y = 50 \times 10$

$log500 = log(50 \times 10)$

$log500 = log50 + log10$

50 was the land while 10 the labor

2.698970004 = 1.698970004 + 1

share of output to labor: 1/2.698970004 = 0.370511713

5 0

3 years ago

A(n) _____ refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance

Alexus [3.1K]

Answer:

A dashboard refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance metrics.

Explanation:

A dashboard refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance metrics.

A type of graphical user interface that often provides at-a-glance views of key performance indicators (KPIs) relevant to a particular objective or business process is known as a dashboard. In other ways, another name for "dashboard" is "progress report".

The "dashboard" is often displayed on a web page which is linked to a database that enables the report to be constantly updated.

3 0

3 years ago

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3. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (2-5 sentences. 2.

Taya2010 [7]

One global trend I think offers a business opportunity in the global marketplace is the internet. With the internet customers can shop a store from virtually anywhere in the country. A small store such as local boutiques become a big hit with online shoppers.

7 0

3 years ago

Read 2 more answers

JBS Inc. recently reported net income of $3,500 and depreciation of $885. How much was its net cash provided (used) by operation

Delvig [45]

Answer:

$4,385

Explanation:

Cash flow from Operating Activities

Net income $3,500

Adjustment for non-cash items :

Depreciation $885

Adjustment for Changes in Working Capital :

Increase in Inventory ($200)

Increase in accounts payable $200

Net cash provided (used) by operations $4,385

3 0

3 years ago