1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bearhunter [10]
3 years ago
7

Under what conditions does a​ Cobb-Douglas production​ function,

Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0

Answer:

Exhibits increasing returns to scale.

Explanation:

Given that,

Cobb-Douglas production​ function:

q=10(L)^{0.71}(K)^{0.84}

If both inputs are doubled, then

q=10(2L)^{0.71}(2K)^{0.84}

q=10(2)^{(0.71+0.84)}(L)^{0.71}(K)^{0.84}

q=10(2)^{1.55}(L)^{0.71}(K)^{0.84}

Therefore, this Cobb-Douglas production​ function exhibits the increasing returns to scale because the power of 2 is greater than 1. Under the condition of increasing returns to scale, an increase in the output of the firm is greater than the increase in the input of the firm.

You might be interested in
Help plz! Will mark brainliest!!!
dimaraw [331]

Answer:

Record all transactions in a check register.

Explanation:

It's easier to track how money is spent if there is a paper trail.

5 0
3 years ago
On june 1, 2022, spk company signed a $100,000, one-year, 6 percent note payable. Interest and principal are due at maturity. Wh
posledela

$3500 sum will spk record for interest expense in their december 31, 2022

Interest = $ 6000 for 12 months.

From June to December there will be 7 months due,

therefore 7/12x6000 = $ 3500

An interest expense is the fetched brought about by an substance for borrowed reserves. Intrigued cost may be a non-operating cost appeared on the salary explanation. It speaks to intrigued payable on any borrowings—bonds, credits, convertible obligation or lines of credit. It is basically calculated as the intrigued rate times the exceptional foremost sum of the obligation. Interest expense on the income statement represents interest accrued during the period covered by the financial statements, and not the amount of interest paid over that period. While interest expense is tax-deductible for companies, in an individual's case, it depends on their jurisdiction and also on the loan's purpose.

Learn more about Interest expense here

brainly.com/question/14185533

#SPJ4

6 0
1 year ago
Disparate treatment could be legal if the discrimination: a. results in increased efficiency. b. is performed by a governmental
marta [7]

Answer:

The correct answer is D

Explanation:

Disparate treatment is the treatment which differing conduct or performed toward the individuals, where the differences are grounded on the individual age, colour, national origin, race, disability or religion status.

This treatment would be legal if the discrimination would be BFOQ (termed as bona fide occupational qualification), the courts must have held that in few situations that the factor like sex or religion might be BFOQ, which is important qualification for performing a job.

7 0
3 years ago
The coding system that is used primarily for reporting diagnoses for hospital inpatients is known as:
Inga [223]
The answer is: ICD-10-CM
7 0
3 years ago
Stock in dragula industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are currently yielding 4.5 perc
antiseptic1488 [7]
Idk i just need points Lol.
8 0
3 years ago
Other questions:
  • The common stock of sweet treats is valued at $10.80 a share. the company increases its dividend by 8 percent annually and expec
    7·1 answer
  • The Denver Broncos hold a big pre-season football ticket blitz and sell $2.4 million worth of tickets for cash for the upcoming
    14·2 answers
  • Accounting for manufacturing overhead. Creative Woodworking uses normal costing and allocates manufacturing overhead to jobs bas
    13·1 answer
  • A home improvement company was negotiating with a home owner to add two rooms onto a home. The company agreed to take a second m
    9·2 answers
  • Your credit card history is tracked by all of the following except:
    12·1 answer
  • Expenses are recorded as costs of doing business whether cash was paid or not.<br> True or False
    6·1 answer
  • Jul. 1 Yang contributed $68,000 cash to the business in exchange for common stock.
    12·1 answer
  • What are some good outdoor thing to do outside for the summer<br> list as many as can
    5·1 answer
  • 1) A face-to-face conversation in which you are asking probing questions to get
    10·1 answer
  • Which steps would you follow if you wanted to see a list of overdue invoices, starting from the quickbooks online company sales
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!