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3 years ago

Changes that can increase measured total factor productivity include:

Business

1 answer:

dedylja [7]3 years ago

7 0

Answer:

The correct answer is letter "A": increased expenditures on education.

Explanation:

Total Factor Productivity (<em>TFP</em>) measures the total production of a region by dividing the total amount of output by the weighted average of inputs such as labor and capital. It represents growth in real output as a result of changes in labor and capital. Under such a scenario, <em>changes in the expenditures for education would change the total factor of production since it has a direct impact on labor quality. The higher the expenses in education, the higher the quality of labor.</em>

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If the government requires a natural monopoly to price at marginal cost, Group of answer choices monopoly firms will earn zero e

MissTica

Answer:

monopoly firms will operate at a loss because P < AC

Explanation:

A monopoly is when there is only one firm operating in an industry.

A natural monopoly exists either because of high start-up costs or high economies of scale.

A natural monopoly has a decreasing average cost for some output. When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to marginal cost, which lies below the average cost, the monopoly would incur losses.

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4 years ago

What happens if you perm your hair after washing it?

natali 33 [55]

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3 years ago

In 1949, Sycamore, Illinois built a hospital for about $500,000. In 1987, the county restored the courthouse for about $1.7 mill

Vaselesa [24]

Answer:

d. $2.6 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars.

Explanation:

price index is the average of price related to aspecific calss of goods or services in a specific period of time.

Today's Cost of Asset = Base year cost x ( current year price index / Base year price index

In year 2000

Hospital = $500,000 x 126.5 / 24 = $2,635,417

Courthouse = $1,700,000 x 126.5 / 108 = $1,991,204

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Cost of hospital is more than the Couthouse by $644,21300

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3 years ago

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ira [324]

Answer:

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Answer:

Explanation:

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