2 years ago

The classical dichotomy refers to the separation of

Business

1 answer:

Molodets [167]2 years ago

3 0

Answer:

Explanation:

The classical dichotomy states that real variables e.g. employment are dependent of monetary variables or nominal variables and so they can be analysed separately. According to this theory, the primary function of money is to enhance the efficient production and exchange of goods and services. According to the theory, an economy exhibits classical dichotomy if real variables can be analysed separately from nominal variables

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The rule of law is important because it _______. In regard to governments, the rule of law _______.

blondinia [14]

Blank 1. Protect citizens from crime and justice
Blank 2. Applies to them in only certain cases

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3 years ago

Steve has been given the charge of managing unskilled labor in the production units of his company. These workers are primarily

AURORKA [14]

Answer:

c. Reward power

Explanation:

Reward power is the power to influence employees or to impress employees by giving them some reward for doing certain things. The reward is clear and vague .

so correct option is c. Reward power

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A factory produces product A according to the production function QA = 100XA, where XA denotes the amount of input and QA is the

Ostrovityanka [42]

Answer:

Option (B) is correct.

Explanation:

XA + XB = 100

QA = 100XA

QB = 200XB - XB^2

Use the fact that,

XA = 100 - XB

Now total production is Q = QA + QB

Q = 100XA + 200XB - XB^2

Q = 100 × (100 - XB) + 200XB - XB^2

Q = 10,000 + 100XB - XB^2

Output is maximum when Q'(XB) = 0

100 = 2XB = 0

XB = 50

XA = 50

Therefore, the firm’s profit-maximizing allocation of input X is 50 units of XA and 50 units of XB.

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3 years ago

To compete in the automobile market, Tesla must make many strategic decisions such as whether to introduce a new car model, ho

bagirrra123 [75]

Answer:

Explained

Explanation:

At Tesla's Fremont, California plant, managers must decide on the monthly production quantities of their S and X models. In making this decision, the managers must face a trade-off, because producing more of one model means producing less of the other. So, there need to an optimum balance between production of model S and X and too will depend upon the demand in the market once, the variants are launched.

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3 years ago

Under which condition does a country with a small GDP have a large per capita income?

Ket [755]

When it has a small population

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