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DiKsa [7]
3 years ago
12

A firm has a Cobb-Douglas production function for its inputs of capital and labor. The firm is currently paying $4 per labor hou

r and $1 per machine hour. The firm is currently employing an equal number of machines and workers. If this bundle of inputs is cost-minimizing, we can infer about the marginal productivities of capital and labor at this point:
Business
1 answer:
baherus [9]3 years ago
5 0

Answer:

nothing nothing nothing nothing

Explanation:

nothing

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The agricultural adjustment act (aaa) attempted to solve the "farm problem" by providing federal loans based on crops held in st
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The AAA payed farmers to reduce their production in order to raise prices.
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Evaluating your payoffs as gains or losses relative to an arbitrary baseline distorts your decisions and is a problem associated
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The study of an agent's or individual's decisions is known as decision theory. The official decision-making process concludes with evaluation. Evaluating the consequences may assist the decision-maker in learning lessons that will help her make better decisions in the future.

  • Loss aversion is the correct answer because the general notion of the "loss-aversion" theory is that if an individual is provided with two equal alternatives, one of which is presented in terms of prospective profits and the other in terms of potential losses, the former option will be chosen.

  • Loss aversion is a cognitive bias or psychological phenomenon that explains why the agony of losing is twice as powerful psychologically as the pleasure of winning.

Therefore, representativeness, cognitive bias, and overconfidence are not factors relative to an arbitrary decision distortion. So, Loss aversion is the correct response to the question.

For more information regarding arbitrary baseline, refer to the link:

brainly.com/question/11224360

5 0
2 years ago
Read 2 more answers
Managers in businesses direct their activities toward earning money for their company and its owners, whereas managers in nonpro
ikadub [295]

Answer:

 b. generating some kind of social impact

Explanation:

Business ventures are established with a profit motive. The investor risks their resources, time, and efforts in the expectation of making profits.  The investor and his or her business manager employ their skills and experiences to ensure that the business is profitable.

Not-for-profit organizations are formed to provide a service to specific members, a section or entire society. They aim at improving the well being of the community by providing essential services. Not for profit organization offer free services or charge a minimum fee. They get funding from members or founders of the organization or may receive donations from institutions and the general public.

8 0
3 years ago
Position descriptions, policies and procedures, training checklists, and performance standards are all examples of:
valentinak56 [21]
Military?  I mostly think it's law enforcement? 
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2 years ago
Scorcese Inc. is involved in a lawsuit at December 31, 2020.
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Answer and Explanation:

a. The Journal entry is shown below:-

Lawsuit loss Dr, $900,000

         To Lawsuit liability $900,000

(Being lawsuit loss is recorded)

Here we debited the lawsuit loss as it increased the losses and we credited the lawsuit liability as  it also increased the liabilities because the losses contains normal debit balance and the liability contains normal credit balance

b. No Journal entry is required as The loss is not accrued as it is not expected that a liability has been spent at Dec 31, 2020

5 0
3 years ago
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