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Alexeev081 [22]
2 years ago
15

Alter the Solow growth model so that the production technology is given by Y = zK, where Y is output, K is capital, and z is tot

al factor productivity. Thus, output is produced only with capital.
a. Show that it is possible for income per person to grow indefinitely.
c. Also show that an increase in the savings rate increases the growth rate in per capita income.
c. From parts (a) and (b), what are the differences between this model and the basic Solow growth model? Account for these differences and discuss.

Business
1 answer:
Veronika [31]2 years ago
4 0

Answer:

Explanation:

kindly check the below for this explanation

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evaluate whether locating closer to raw materials is the most important factor when locating a business. if not what other facto
lutik1710 [3]

Answer:

The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.

Explanation:

The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.

When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.

However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.

6 0
3 years ago
The introduction of ________ has greatly simplified trans-shipment between various modes of transportation. Group of answer choi
ozzi

Answer:

a. containerization

Explanation:

The containerization is defined as the system which uses intermodel containers for freight transport. By this methods, each container is considered an unit of product instead of smaller parts. The transport between shipment methods would be facilitated without affecting to commodities inside each containers. In addition, when many products are in the containers, the quantity of parcel can be easily controller. The standardized dimensions of containers used can help the exporter, importer or transporter easily make plan about shipment by different means.

4 0
2 years ago
Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own
BabaBlast [244]

Answer:

Planning

Explanation:

Planning can be defined as what is needed and required to achieve a desired goal because PLANNING is the first and foremost activity often needed to achieve a desired goal or results reason been that PLANNING involves the creation as well as the maintenance of a plan and it helps to achieve objectives which is why every organization or company always has certain objectives in which they keep on working hard to fulfill these goals and objectives which in turn helps the organization to achieve their aims.

Therefore based on the information given about Manilla water the development, maintenance, and allocation of resources to achieve its goal will require PLANNING.

5 0
3 years ago
"Which one of the following items requires an adjustment on the bank side of the bank reconciliation?
ale4655 [162]

Answer:

Deposits in transit

Explanation:

A company's deposit in transit is the currency and customers' checks that have been received and are rightfully reported as cash on the date received, and the amount will not appear on the company's bank statement until a later date. A deposit in transit is also known as an outstanding deposit.

When there is a deposit in transit, the amount should be listed on the company's bank reconciliation as an addition to the balance per bank.

5 0
3 years ago
Who know this credibly sorce <br> google news <br> 100 points included
torisob [31]
I would say no. Use a website like Britannica
4 0
2 years ago
Read 2 more answers
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