Part a) The Cob Douglas production function is given as:

To show that this function is homogeneous with degree 3, we introduce be a parameter, t.

Using properties of exponents, we on tinder:

This implies that:


Simplify the exponent of t to get;

Hence the function is homogeneous with degree, 3
Part b) To verify Euler's Theorem, we must show that:

Verifying from the left:




Q•E•D
The net cash flow is <u>A. $290.</u>
<h3>What is net cash flow?</h3>
The net cash flow is the difference between the cash inflows and the cash outflows. It can be positive or negative. When the cash inflows are greater than the cash outflows, the net cash flow is positive. The opposite is the case when the cash outflows exceed the cash inflows.
<h3>Data and Calculations:</h3>
- Total Cash Inflows = $2,040
- Total Cash outflows = $1,750
- Net cash flows = $290 ($2,040 - $1,750)
Thus, the net cash flow based on the spreadsheet is <u>A. $290.</u>
Learn more about the net cash flow here: brainly.com/question/4326360
"In accounting, reconcile means to compare two sets of records to make sure they are in agreement"
She compared two sets of records for example checking and finance to make sure it's in agreement
As of 2011, the world's population has reached 7 billion. The annual population growth rate is 1.2%, thereby there would be an additional 1 billion population growth at approximately 11 years or by 2021 the population would be 8 billion.
Answer:
$686,000
Explanation:
net service revenue = gross revenue - discount for early payment
gross revenue = total sales price - trade discount
gross revenue = $800,000 - $100,000 = $700,000
net service revenue = $700,000 - 2%($700,000) = $700,000 - $14,000 = $686,000