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Naily [24]
3 years ago
9

Which of the following statements is (are) TRUE?

Business
2 answers:
tatiyna3 years ago
4 0

Answer:

I. If labor and capital are perfect substitutes in production, the isoquant is a straight, downward-sloping line.  

II. If a company needs to use inputs in fixed proportion such that the capital to labor ratio is always 2, the firm's isoquants are L-shaped.

Explanation:

Perfectly substittuable goods have straight downward sloping ICs, and have corner solutions .

Complementary goods (used in fixed proportions) are L shaped always , In case of min(x,y) function, the answer is the value of x or y which ever is minimum and not their sum.

Therefore, Only statements I and II are true.

dalvyx [7]3 years ago
4 0

Answer:

Only statements I and II are correct

Explanation:

Perfectly substittuable goods have straight downward sloping ICs, and have corner solutions

Complementary goods (used in fixed proportions) are L shaped always

In case of min(x,y) function, the answer is the value of x or y which ever is minimum and not their sum

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Answer:

a) Breakeven price = Purchase price + Interest amount that would have been earned on the invested amount

Breakeven price = 23 + [23*e^(0.05*1/2) - 23]

Breakeven price = 23 + 0.5822477721

Breakeven price = $23.5822477721

b) Profit = Selling price - Breakeven price

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3 years ago
Does anyone know this?
vladimir1956 [14]

Answer: I believe is the Ap program or Ap exam is that one of the answer choices? im not sure

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4 years ago
XYZ Company operates on a remote interstate highway. It provides premium services to truckers en route to remote locations. It h
Ganezh [65]

Answer:

c. value proposition based on differentiation and a niche clientele that is willing to pay for added value.

Explanation:

Since in the question it is mentioned that XYZ company provides the premium service also they have various number of competitors that offered the customer at less prices but at the same time this company meet the customer demand having the high quality service so here the value should be proportioned that depend upon on the differentiation also it would be pay for adding the value

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Delectable, a fast food chain, emphasizes a lot on things like how the staffs are dressed, how the food is presented, as well as
Anarel [89]

Answer:

C) Tangibles

Explanation:

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  5. empathy

The tangibles variable basically refers to the physical environment, the facilities, equipment, staff and other communication materials displayed by the store or restaurant.

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The Global economy a. is trend that is fading quickly b.has only positive effects for United State c. has eliminated some jobs i
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