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nikdorinn [45]
3 years ago
7

Suppose the current level of output is 5000. If the elasticities of output with respect to capital and

Business
1 answer:
exis [7]3 years ago
6 0

Answer:

Option C is correct one. 5575

Explanation:

Percentage change in output due to percentage change in capital

= (0.3)*(10%) = 3% So, increase in output = (3%)*(5000) = 150

Percentage change in output due to percentage change in labour

= (0.7)*(5%) = 3.5% So, increase in output = (3.5%)*(5000) = 175

Increase in output due to increase in productivity

= (5%)*(5000) = 250

So, increased output = 5000 + 150 + 175 + 250 = 5575

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Answer:

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2 years ago
When a vendor credit is recorded by a Quick Books Online user, what are 2 ways to use the vendor credit?
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Explanation:

These are the 2 ways to use provider credit:

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3 years ago
There were a total of 90 people in the households, 10 of the people were children under 16, 10 of the people were retired but st
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Answer:

The unemployment rate is 42.85.

Explanation:

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7 0
3 years ago
Which of the following is NOT true of confidence interval estimates of the difference between two population proportions?
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6 0
2 years ago
While the evidence suggests that over long periods of time that stocks will outperform bonds, individuals with a long-term inves
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Answer:

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4 0
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