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Paladinen [302]
3 years ago
12

Do the following functions exhibit increasing, con- stant, or decreasing returns to scale? What happens to the marginal product

of each individual factor as that factor is increased and the other factor held constant?

Business
1 answer:
SIZIF [17.4K]3 years ago
7 0

Answer:

Complete question is:

Do the following functions exhibit increasing, constant, or decreasing returns to scale? What happens to the marginal product of each individual factor as that factor is increased and the other factor held constant?

a. q= 3L+2K

b. q= (2L + 2K)^.5

C. q=3LK^2

d. q=L^.5K^.5

e. q=4L^.5 + 4K

Answer:

See the attached picture

Explanation:

See the attached picture.

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If planned aggregate spending in an economy can be written as pae = 15,000 + 0.6y - 20,000r, and potential output equals 36,000,
soldier1979 [14.2K]

This is hard lollllllllllll

6 0
2 years ago
A job was budgeted to require 3 hours of labor per unit at $11.00 per hour. The job consisted of 8,000 units and was completed i
stira [4]

Answer:

Direct labor time (efficiency) variance= $22,000 favorable

Explanation:

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*8,000 - 22,000)*11

Direct labor time (efficiency) variance= (24,000 - 22,000)*11

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8 0
2 years ago
According to the keynesian model, what are the two components of consumption spending? what factors determine how consumption ch
kkurt [141]

A simple Keynesian model follows four principles:

<span>1. Accumulated expenditures, income, and output are the same.
2. All input of spending into the economy must equal all withdrawals
3. Investment is an input.
4. Saving is a withdrawal</span>

<span>
According to Keynesian analysis, of households intend to save more, they will become poorer. The theory about Keynesian analysis applies to economic where an increase in savings decreases the circular flow of income. S when the households save more, they are reducing the stream of income for other households and therefor diminishes the overall economic activity.</span>

5 0
3 years ago
Buxmont Manufacturing reported the following year-end balances: Beginning work in process inventory, $40,000; beginning finished
Sever21 [200]

Answer: <em>Cost of Goods Manufactured = $ 660,000</em>

Explanation:

Direct Material Used                                                $ 240,000

Direct labor                                                               $ 250,000

Manufacturing overheads applied                          $ 150,000

Total manufacturing Cost                                        $ 640,000

Add: Work in process                                            $ 40,000

Total Manufacturing cost                                         $ 680,000

Less: Work in process                                            $ 20,000

Cost of Goods Manufactured                                  $ 660,000

7 0
3 years ago
When people are led to think about their own _____, they are more attracted to a charismatic leader.
Naily [24]

When people are led to think about their own death they are more attracted to a charismatic leader.

The German sociologist Max Weber invented the idea of charismatic authority. It involves a kind of organisation or leadership where the leader's charisma confers authority. This contrasts with two other sorts of authority, namely traditional authority and legal authority. The three categories of authority that Max Weber identified are comprised of each of the three sorts.

The first time the word "charisma" came into use was in Saint Paul's writings to the fledgling Christian communities in the first century.

Learn more about Charismatic here

brainly.com/question/28099781

#SPJ4

5 0
1 year ago
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