Answer:
The correct answer is C) exhibits constant returns to scale
Explanation:
The Cobb-Douglas production function is as follows:
F(K,L) = A× Kα × Lα-1
Where:
- A = Total factor productivy
- K = Capital
- α = Capital share's of income
- L = Labor
This function states that income is divided among the owner's of capital and labor (workers) in similar proportions across time. Like the fundamental production function F(K,L) = K × L it has constant returns to scale.
The property of constant returns to scale establishes that if the factors or production, capital and labor, are increased by a determined proportion, output will increase by the same proportion.
Answer:
b. collectivism
Explanation:
Collectivistic culture: In sociology, the term "collectivistic culture" is described as a culture in which people are engaged in activities that refers the goals and needs of a particular group as a whole over the desires and needs of a single person. However, in the collectivistic cultures, the relationship that exists with other members of a specific group and the "interconnectedness" among these members plays an important role in every person's identity.
In the question above, the given statement is characterized by collectivism.
Answer:
At first, America was only inhabited by the native American. During the peak of European exploration, many settlers from different part of Europe (Most notably Britain, France, and Spain) Came into America in order to colonize this territory. A lot of them came in while bringing slaves that they kidnap / purchase from Africa.
Centuries after the colony was created, Industrial Revolution started to entered America. This provide a lot of job opportunities In America. Many immigrants from all over the world such as Asia, middle east, Ireland, and Russia came into this country as immigrants. They wanted to work in factories to improve their standard of living. Pver time, this created diverse ethnic groups In America.
Mailia Ann Obama
Sasha Obama
Answer:
The opponent process theory
Explanation:
