Answer:
The marginal rate of technical substitution will remain constant.
Explanation:
The marginal rate of technical substitution is the rate at which an input is substituted for others. For instance, it is the rate at which the amount of labor should be decreased to increase the amount of capital.
It represents the slope of an isoquant. When the inputs are perfectly substitutable, the isoquant is a straight line. In this situation, the marginal rate of technical substitution remains the same at all the points of the isoquants. The MRTS remains constant, though further information is needed to find out if it is high or low.
Answer:
Samantha will be willing to pay $ 2,600. The right answer is B.
Explanation:
Acording to the details, the probability of loss in case of Samantha's neighborhood is 25%.
Hence, the expected loss to her will be = 25/100 * 10000 = $2500
Samantha is willing to pay $100 over her expected loss, hence the amount that Samantha be willing to pay = ($2500 + $100 ) = $2600
Samantha will be willing to pay $2600
Answer:
Company B (transaction d)
Explanation:
present value of transaction a (company D) = $1,100,000 / 1.08 = $1,018,519
present value of transaction b (company C) = $45,000 x 21.21211 (PV annuity factor, 2.4%, 30 periods) = $954,545
present value of transaction c (company A) = $1,000,000
present value of transaction d (company B) = $100,000 x 10.52141 (PV annuity factor, 4.8%, 150 periods) = $1,052,141
Answer:
a. National income increases by $50,000 and factor payments to abroad increase by $20,000, so US GDP increases by $70,000
Explanation:
The German firm hired an American worker and paid him $50,000. That means that American national income will increase by $50,000.
Since the company is German, that would increase factor payments ot abroad by the difference = $70,000 - $50,000 = $20,000.
Total GDP increases by the amount of $50,000 + $20,000 = $70,000
Answer:
Budget
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
