1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ira Lisetskai [31]
3 years ago
13

For the years 1995 to 2007, if output per person in the private sector grew 2.7 percent, capital intensity grew 1.1 percent, and

labor composistion grew 0.2 percent, what was the growth rate of total factor productivity
Business
1 answer:
Alexandra [31]3 years ago
7 0

Answer:

1.4%

Explanation:

The computation of the growth rate of total factor productivity is shown below:

Growth rate of total factor productivity = Private sector grew rate - capital intensity grew rate - labor composition grew rate

= 2.7% - 1.1% - 0.2%

= 1.4%

By deducting the  capital intensity grew rate and the labor composition grew rate from the private sector grew rate we can get the growth rate of total factor productivity

You might be interested in
Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of
attashe74 [19]

Answer:

In the country that promotes free-market economy is expected to start seeing firms arriving in this country and invest in those activities where this country has a comparative advantage.

Explanation:

This would lead to an efficient allocation of productive resources taking the economy to optimum production. The technology and tools will rapidly spread, and the industrialization process will be achieved. In the other country, investment and technology implementation is lead by the government allocating resources inefficiently and delaying industrialization.

8 0
3 years ago
Which is not true of birthday and/or annual review automatics?a. the purpose is to trigger a telephone call for a face-to-face m
Musya8 [376]

Answer: b. Quarterly automatic contacts decrease cross-sales and lead to reduced referrals

Explanation:

During the annual review of business considering automatics it is observed that there is always a decrease in cross sales and these leads to a reduce in referrals.

When these happens, clients who raise offer for referrals drop interest.

8 0
2 years ago
_____ remain constant regardless of how many products are sold
Brut [27]
Fixed cost remained constant regardless of how many products are sold. Fixed cost is a cost behavior which always emerged regardless of the quantity product sold. Machine depreciation expense, insurance expense, and rent expense are several examples of this cost behavior. On the contrary, variable cost is an another type of cost behavior that changes relating to the quantity of the sold product.
7 0
3 years ago
In the long run, the price charged by the monopolistically competitive firm attempting to maximize profits: must be less than at
elena-s [515]
<span>must be less than atc</span>
7 0
3 years ago
Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,800 units (solar panels) in July a
azamat

Answer and Explanation:

The preparation of the factory overhead budget for August month is shown below:

Total budgeted direct labor  $286,000

(5,500 × 4 hours × $13)  

variable factory overhead 70%

Budgeted overhead  $200,200 ($286,000 × 70%)

Add: Fixed overhead $179,000

Budgeted total factory overhead $379,200

Hence, the budgeted total factory overhead is $379,200

4 0
3 years ago
Other questions:
  • HElP PLEEEASE!!
    15·2 answers
  • What is a company's unique responsibility to its stockholders?
    11·1 answer
  • The net income of edwards corporation amounted to $74,000 for this year. the beginning balance ofâ stockholders' equity was $31,
    6·1 answer
  • During its first year of operations, Beta Company paid $26,310 for direct materials and $18,100 in wages for production workers.
    8·1 answer
  • ABC company issued 3000 shares of stock for $5 per share and issued 5000 shares for land valued at $10,000. How much cash did AB
    11·1 answer
  • Which of the following is not a function of prices in a market system? Group of answer choices Prices send signals to buyers and
    12·1 answer
  • How do we obtain a high credit score?
    6·2 answers
  • Free enterprise system → A system in which businesses may buy, sell, and set prices with little government control
    7·2 answers
  • A company manufactures and sells a product for 111 per unit. the company fixed costs are $59,760, and its variable costs are $81
    7·1 answer
  • What identifies the flow of critical business data
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!