Im gonna go with e sorry if it’s wrong
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%.
Answer:
D. the demand for Nike running shoes is less elastic than the demand for shoes.
Explanation:
In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes
So, the option d is correct
Answer:
<u>C. stocks that are frequently in the news</u>
Explanation:
- It is an accounting ad financial analysis usually analyzed by the business assets, liabilities, and earnings. Related to the interest-earning and the production, earnings, employment, GDP, housing and manufacturing. conducting a company's stock valuation.
- And is used to find out the internist's values of share. It often includes the industrial, economic, and company analysis. The port foils style includes Buy and holds investors, value investors.
