Part a) The Cob Douglas production function is given as:
To show that this function is homogeneous with degree 3, we introduce be a parameter, t.
Using properties of exponents, we on tinder:
This implies that:
Simplify the exponent of t to get;
Hence the function is homogeneous with degree, 3
Part b) To verify Euler's Theorem, we must show that:
Verifying from the left:
Q•E•D
I think it could either be the first or third option, but I thinking the correct one should be the first option. Hope this helped :)
Answer:
b. environmental issues
c. global economy
Explanation:
Changes in the environment, such as pollution and global warming, affect operations and profitabiity.
The global economic crisis slows down organizational performance.
Answer:
$224,000
Explanation:
The computation of the borrowed cash amount is shown below:
= Cash balance + expected cash receipts - expected cash disbursements - minimum monthly balance
= $3,461,000 + $712,000 - $1,397,000 - $3,000,000
= $224,000
Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly balance to the cash balance so that accurate value can come.
An overview within psychology that highlight the potential
for of human to be good and that is nature of human is Humanism. Observable actions of humans and nonhuman
animals it is also the scientific study of mind and behavior. Behavior is biological, but our behavior is
influenced by our interactions with others.
