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4 years ago

Suppose that an economy has the per-worker production function given as:

Business

1 answer:

Eva8 [605]4 years ago

8 0

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

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kherson [118]

Answer:

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4 years ago

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Answer:

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4 years ago

Green Caterpillar Garden Supplies Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at t

Zolol [24]

Answer:

the question is incomplete, so I looked for a similar one:

Statement #1: Green Caterpillar’s pool of relatively liquid assets, which are available to support the company’s current and future sales, decreased from Year 1 to Year 2.

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3 years ago

In what order are the feature, advantage, and benefit presented in the following statement? "This television's solid-state desig

Salsk061 [2.6K]

Answer: feature, Advantage and benefit

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Cheers!

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3 years ago

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navik [9.2K]

Answer:

True

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3 years ago