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3 years ago

14

The main purpose of a cover letter is to: a. Get hired for a position b. Be called in for an interview c. Let your friends know

how your job search is going d. Obtain references from your network

1 answer:

Tcecarenko [31]3 years ago

7 0

I believe the answer is B

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If capital rents for $25 per unit per hour, labor can be hired for $9 per unit per hour, the level of total factor productivity

Soloha48 [4]

Answer:

Following are the solution to the given question:

Explanation:

The decrease of a marginal input return implies that its input is increasing by one unit, thereby decreasing its marginal input product.

Function of production

$F(K, L) = AK^{\frac{3}{4}} L^{\frac{3}{4}}$

Its capital products subject (MPK) is derived by differentiating the factor of production from K.

$MPK = \frac{3}{4}\times AK^{\frac{3}{4}} - 1L^{\frac{3}{4}}\\\\MPK = \frac{3}{4}AK^{-\frac{1}{4}}L^{\frac{3}{4}}\\\\MPK = \frac{3}{4}\times A\times (\frac{L^{\frac{3}{4}}}{K^{\frac{1}{4}}})$

Note: When a value is changed from numerator to denominator, then the power symbol shifts between positive to negative.

Since k is in the denominator, K decreases $\frac{3}{4}\times A\times (\frac{L^{\frac{3}{4}}}{K^{\frac{1}{4}}})$ , and therefore MPK is reduced.

There's hence a decreased effective return on capital again for production function.

Its marginal labor product (MPL) is determined by distinguishing the manufacturing function from L.

$MPL = (\frac{3}{4})\times AK^{\frac{3}{4}}L^{\frac{3}{4}}-1\\\\MPL = (\frac{3}{4})AK^{\frac{3}{4}}L^{-\frac{1}{4}}\\\\MPL = (\frac{3}{4})\times A\times (\frac{K^{\frac{3}{4}}}{L^{\frac{3}{4}}})$

The denominator of L reduces L $(\frac{3}{4})\times A\times (\frac{K^{\frac{3}{4}}}{L^{\frac{3}{4}}})$ and therefore reduces MPL.

So there is a decreasing marginal return to labor in the production function.

4 0

3 years ago

Consider Frankâ€™s decision to go to college. If he goes to college, he will spend $21,000 on tuition, $1,800 on books, and $11,

alex41 [277]

Answer:

b. $42,600

Explanation:

First, we calculate the total cost of college:

$21000+1800+11000=33800$

Now, we calculate the net income she would receive, if she didn't go to the college:

$16000-7200=8800$

Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.

$33800+8800=42600$

7 0

3 years ago

The quantity of money in an economy and the _____________________ are inextricably intertwined

xxTIMURxx [149]

Answer:

d) quantity of credit for loans

Explanation:

As more quantity is available being for a decrease in required reserve ratio or emission of currency It will increase the bank's money available for loans to companies and families. If the quantity of money decrease it will reduce the amount for loans. Thus,this vaiable are inextricably intertwined.

6 0

4 years ago

Imagine that you are opening a restaurant and need to choose a point-of-sale system. Go online to research different systems. Th

Oksana_A [137]

Answer:

Kayo na dapat nagsasagot nan

Explanation:

Sabe kase

Provide a link to the system that you would choose

5 0

3 years ago

A general store in a remote community is an example of what? A. a technological monopoly B. a geographic monopoly C. a governmen

Elza [17]

A general store in a remote community is an example of a geographic monopoly.

8 0

3 years ago