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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

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recruitment is the correct answer.

Explanation:

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3 years ago
Label each scenario with the term that best describes it. Use the midpoint method when applicable. Marcel Duchamp was a famous a
Masteriza [31]

Answer:

  • Paul Donut Franchisee : Perfectly Elastic Supply
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  • Bright Ideas Lightbulbs : Perfectly Inelastic Supply

Explanation:

Price Elasticity of Supply is sellers' quantity supplied response to price change. P(Es) = % change in supply / % change in price.

Supply can be classified by Price Elasticity of Supply, as undermentioned :

  1. Elastic Supply : P(Es) > 1 ; % change in supply > % change in price
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  3. Unitary Elastic : P (Es) = 1 ; % change in supply = % change in price
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6 0
3 years ago
A company had the following purchases during its first year of operations: Purchases January: 18 units at $128 February: 28 unit
Archy [21]

Answer:

$8,584

Explanation:

Cost of ending inventory can be calculated by multiplying the remaining units of the given month by their purchase cost in the following month

DATA

Total remaining units n ending inventory = 58 units

10 from January at $128

12 from February at $138

14 from May at $148

12 from September at $158

10 from November at $168

Calculation

January  =  10 x $128       = $1,280

February = 12 x $138        = $1,656

May = 14 x $148                = $2,072

September = 12 x $158     = $1,896

November = 10 x $168      = $1,680

Cost of ending inventory = $8,584

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