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vekshin1
3 years ago
6

The production function q = 22K^0.6 L^0.3 exhibits A. constant returns to scale. B. increasing returns to scale. C. unknown retu

rns to scale because the exponents are not equal. D. decreasing returns to scale.

Business
1 answer:
Ivenika [448]3 years ago
6 0

Answer:

D. decreasing returns to scale.

The answer and procedures of the exercise are attached in the image below.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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An e-commerce company spends a lot of money on product replacement, as customers often complain about the products they receive.
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Answer:

Product quality guarantee

Explanation:

The aim of total quality management (TQM) is to offer good quality products by reducing or eliminating errors in the products. TQM holds every person involved in the production process accountable for ensuring product quality.

By adopting TQM, e-commerce company will be able to reduce replacement cost as it helps in improving manufacturing processes, thereby improving customer satisfaction.

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3 years ago
A topographical map shows successively higher equal-elevation lines, whereas an indifference map shows successively higher level
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Answer:

The correct answer is letter "A": utility.

Explanation:

The Indifference Map or Indifference Curve determines the combination of two goods that will provide equal satisfaction according to their utility. If you want more of one good and less of another you would be willing to trade some of one for more of the other. Plotted in a graph's upper right quadrant an indifference curve shows the curve on which changing amounts of a product create equal satisfaction levels.

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4 years ago
Which of the following refers to business activities that change the accounting equation?
lys-0071 [83]

Answer:

A

Explanation:

6 0
4 years ago
A(n) ______________ is essentially a conversation between group members in front of an audience
IceJOKER [234]
Symposium is essentially a conversation between group members in front of an audience
8 0
3 years ago
The risk-free rate is 6% and the expected rate of return on the market portfolio is 13%. a. Calculate the required rate of retur
svet-max [94.6K]

Answer:

a) The required rate of return is 14.75%

b) The expected return on this stock is 16% which is more than its required rate of return 14.75%, thus it is underpriced.

Explanation:

a)

Using the SML equation, we can calculate the required rate of return (r) of a stock.

r = rFR + β * (rM - rFR)

r = 6% + 1.25 * (13% - 6%)

r = 0.1475 or 14.75%

b)

The SML shows the return that is required on a security based on the risk is carries. Using SML we calculate the required rate of return which is the percentage return that investors require a security to provide.

If the expected return is greater than the required rate of return which means that security is expected to provide more than is required then the security is underpriced.

The expected return on this stock is 16% which is more than its required rate of return 14.75%, thus it is underpriced.

5 0
3 years ago
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