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Marrrta [24]
3 years ago
12

A firm has a production process in which the inputs to production are perfectly substitutable in the long run. Can you tell whet

her the marginal rate of technical substitution is high or​ low, or is further information​ necessary?
Business
1 answer:
Alik [6]3 years ago
8 0

Answer:

The marginal rate of technical substitution will remain constant.

Explanation:

The marginal rate of technical substitution is the rate at which an input is substituted for others. For instance, it is the rate at which the amount of labor should be decreased to increase the amount of capital.  

It represents the slope of an isoquant. When the inputs are perfectly substitutable, the isoquant is a straight line. In this situation, the marginal rate of technical substitution remains the same at all the points of the isoquants. The MRTS remains constant, though further information is needed to find out if it is high or low.

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A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted f
Ksivusya [100]

Answer:

Closing statement.

Explanation:

A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place is known as a closing statement. The closing statement is a spreadsheet document that comprises of the statement of actual settlement costs and it is usually provided by a real estate agent to a home seller while the bank gives it to the home buyer.

7 0
4 years ago
Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcomin
Basile [38]

Answer:

Downward communication

Explanation:

She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.

4 0
3 years ago
Anthony owns a landscaping business that has 4 employees. His company is able to earn revenue of​ $600 per day. He knows that if
svetoff [14.1K]

Answer:

What is the question?

Explanation:

I suppose that is if it is profitable to hire the new worker, according to microeconomics this decision must be based in something called marginal income and must be compare with the marginal cost because they can increase the income but not the profit depending of the cost of the new worker.

4 0
3 years ago
What does the CIO of a company do?
Fittoniya [83]
D. Manage the technological areas pf the company
4 0
3 years ago
If the fed raised the reserve requirement, the demand for reserves would.
Ilya [14]

In a scenario where the fed raise the reserve requirement, the demand for reserves would increase.

<h3>What is a reserve requirement?</h3>

A reserve requirement simply means the amount of money that banks are expected to keep with the central bank.

It should be noted that when the fed raise the reserve requirement, the demand for reserves would increase, therefore, the federal rates would fall.

Learn more about reserve requirements on:

brainly.com/question/10684321

8 0
2 years ago
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