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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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What management function is to ensure that all factors of production are available to departments
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Becky’s daughter was in the sixth grade and growing very fast. In early fall, her daughter tried on her soccer cleats from the s
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Purchase decision process

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I hope this helps.

5 0
3 years ago
Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax
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Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

=$128,267 * 24%

=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

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