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
barxatty [35]
3 years ago
5

If bread is produced by using a constant returns to scale production function, then if the: A) number of workers is doubled, twi

ce as much bread will be produced. B) amount of equipment is doubled, twice as much bread will be produced. C) amounts of equipment and workers are both doubled, twice as much bread will be produced. D) amounts of equipment and workers are both doubled, four times as much bread will be produced
Business
1 answer:
nekit [7.7K]3 years ago
5 0

Answer: Option (C) is correct.

Explanation:

Constant returns to scale production function: When there is an increase in inputs (i.e capital and labor) as a result output increases by the same proportion.

For example: If the amounts of equipment and workers are both doubled in the production of bread then as a result the output of bread also doubled.

Suppose the capital and labor increases by 10% then as a result output also increases by 10%.

You might be interested in
Which of the following imperfect competitions in national markets can multinational firms take advantage of? a. product differen
crimeas [40]

Answer:

c

Explanation:

i feel they should take advantage of theit financial strength

6 0
3 years ago
Capricorn Creative Inc., a U.S.-based advertising firm, was the first in the advertising industry to identify the growth potenti
Salsk061 [2.6K]

Answer:

The correct answer is option A ,first mover advantage.

Explanation:

First mover advantage is form of leading strategy where a firm is the first to identify the opportunities hidden in a particular industry or geography,thereby unlocking the potentials in order to improve its financial performance business-wide.

This is a form of diversification, as putting one's eggs in one basket is not a sustainable way to grow the business in the long-term.

Even though there are risks involved in been a first mover, the benefits sometimes outweigh the risks.

3 0
3 years ago
Northern university wants to determine the average starting salary for last year's graduates of its college of business. what is
kkurt [141]

All of Northern's College of Business graduates from the previous academic year has begun employment.

<h3><u>What is employment?</u></h3>

Employment is a partnership between two people that controls the delivery of compensated labor services. In most cases, based on a contract, one party, the employer, which could be a business, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in exchange for completing prescribed tasks.

Depending on the type of work performed, the industry circumstances in force, and the parties' ability to negotiate, money for labor is received in the form of an annual salary, piecework compensation, or an hourly wage. In some industries, employees may get stock options, bonuses, or gratuities.

Employees may earn benefits in addition to compensation in some jobs. Benefits may include housing, health insurance, and disability insurance. Usually, organizations, legislation, or contracts govern employment.

Learn more about employment with the help of the given link:

brainly.com/question/14312389

#SPJ4

6 0
1 year ago
On January 1, Year 1, Frost Co. entered into a 2-year lease agreement with Ananz Co. to lease a new computer. The lease term beg
satela [25.4K]

Answer:

Frost (Lessee) and Ananz (Lessor)

The circumstance that would require Frost to classify and account for the arrangement as a finance lease is:

c. The economic life of the computers is three years.

Explanation:

a) Data:

Annual lease payments = $8,000

Present value of the minimum lease payments = $13,000

Fair value of the computer = $14,000

The economic life of the computers = 3 years

The lease period = 2 years

b) One of the conditions for classifying the lease arrangement as a finance lease is that the lease term of 2 years forms a significant part of the asset's useful life of 3 years.  Other conditions include:

Firstly, ownership of the asset is transferred to the lessee at the end of the lease term.  The second condition is that the lessee can purchase the asset below its fair value.

5 0
3 years ago
The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specifi
Marina86 [1]

Answer:

The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

Explanation:

The present value (PV) of a single sum tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in a specific time in the future is not worth as much as an equal sum received today.

8 0
3 years ago
Other questions:
  • Philo T. Farmsworth is a corn farmer with a 40-acre tract of land. Each acre can produce 100 bushels of corn. The cost of planti
    5·1 answer
  • Tyler is a recent college graduate that has a large private student loan debt. He is
    8·2 answers
  • On December 31, 2020, Plattsville Plastics recently decided to dispose of an extrusion machine. The original cost was $461,000 a
    13·1 answer
  • Pearl, Inc., has offered $578 million cash for all of the common stock in Jam Corporation. Based on recent market information, J
    10·1 answer
  • One current answer to the historical struggle within management to balance the things of production and the humanity of producti
    12·1 answer
  • if the federal reserve decided to include virtual money like bitcoins in its measure of the money supply, what would be the effe
    5·1 answer
  • Kate contracts Ofc Depot Inc. to install air conditioning units for each office in her company. Kate wanted the work to be done
    13·1 answer
  • The return on investment earned by atkins construction company for four successive years was 30% 20% -40% and 200%. What is the
    8·1 answer
  • Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985.
    6·1 answer
  • What is the pareto-optimal frontier?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!