Answer:
The value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285
Explanation:
MRTS_KL = MP_L/MP_K
= (7K + 10L - L^2)/7L
= (7*30 + 10*15 - (15)^2)/7*15
= 1.285
Therefore, The value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285
Answer: Critical success factors (CSFs)
Explanation:
The critical success factor is one of the management element that helps in achieving the organizational main goals and their mission in an organization.
The main aim of the critical success factor is that it helps in evaluating all the key factor in the company for increase the performance and also helps in accomplishing the given task.
According to the given scenario, the Prometheus corporation is one of the large electronic manufacturing firm and each employee of this company contributing in the profits as it is categorized as critical success factor.
Therefore, Critical success factors (CSFs) is the correct answer.
Answer:
Note that goods that are considered in general have a broad demand and goods with broad demand are inelastic as there are no substitutes for them. Goods that are specific by nature have narrow demand and have elastic demand because consumers can switch to others if the price is increased slightly.
Hence, Mayonnaise in general, Washing machines and beer have inelastic demand as there are no close substitutes. The remaining three, namely, specific brand of mayonnaise, Chevrolet automobiles and Tesla automobiles have elastic demand as there are substitutes and consumers/users will switch to others if the price is no more favorable.
Answer:
it's 2 opportunity cost will increase
thank uh
Answer:
Equilibrium is the point of the interaction between the demand and supply curves.
The given graph given from the question is attached below (Image 1-2)
The solution is attached in image 3-4
