Answer:
What is the steady-state value of the capital-labor ratio, k?
k = 16
Explanation:
Suppose that an economy has the per-worker production function given as follows:
yt = 5kt^0.5
where y = output per worker
k = capital per worker
k = sy - (n+d)×k
0 = s(5k^0.5) - (0.10+0.15)×k
0 = 0.20(5k^0.5) - 0.25k
0.25k = k^0.5
k^0.5 = 1/0.25
k^0.5 = 4
k^1/2 = 4
Taking square of both of the sides:
(k^1/2)² = (4)²
k = 16
Answer:
d. $15,000 is allocated to A; $10,000 is allocated to B
Explanation:
Activity C will not carry and suspended losses as it was profitable, the net of 25,000 will be distributed among the lossing activites:
60,000+ 40,000 = 100,000 loss
activity A weight 60%
activity B weight 40%
net loss: 25,000
activity A 25,000 x 60% = 15,000
activity B 25,000 x 40% = 10,000
Answer:
Explanation:
Sole proprietor: The sole proprietor is the owner of the company which runs the business individually without involving any other member.
Limited liability Company (LLC): The LLC is the company which has limited liability towards everything like - business expenses, obligations, etc.
The difference between these two is as follows:
1. Liability: The sole proprietor has unlimited liability whereas the LLC has limited liability
2. Ownership control: In the sole proprietorship, the single owner is there who is responsible for all the things but in the LLC it includes various employees, members, outsiders who are responsible for their task and control the business activities together.
3. The Number of owners: In a sole proprietorship, only one owner is there but in LLC, many owners can be there.
4. Existence of the entities: If the business owner dies than the proprietorship is not in existence whereas in the LLC the company is in existence whether someone dies or not because other peoples are there to take their position.
