1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
How will a low inflation rate in an exporting country affect its economy?
Alla [95]

Answer:

D, A

Explanation:

3 0
3 years ago
"Free" items only cost the company that gives them away.<br> O A.<br> True<br> OB. False
Semmy [17]

Answer:

A. True

Explanation:

8 0
2 years ago
Read 2 more answers
The relationship between you and a person selling you a used car falls into which of pinker’s three major relationship types?
ANEK [815]
What are the answer choices?
7 0
3 years ago
A product is invented in Country X and is first manufactured there. The International Product Life Cycle Theory holds that the p
kirza4 [7]

Answer:

False

Explanation:

International Product Cycle is a model that patterns international manufacturing & trade of product . It has 4 stages :

  • Introduction - Innovated Invention in a developed country. Limited production & consumption, no competition
  • Growth - Spread to other developed countries, foreign production & competition starts, consumption & coverage rise.
  • Maturity - Spread to developing countries, stagnant growth in developed countries & fast growth in less developed countries
  • Decline - Spread to less developed countries, technology outdated, various substitutes emerge & no. of sellers decline, demand still exist in less developed countries.

So: the next stage after 'Innovated Invention' in a developed country X is - its growth in other developed countries, not 'manfacturing in developing countries' (reflected in 3rd maturity stage).

7 0
3 years ago
Dottie Beauchamp recently was hired by PetSmart to help recruit, select, and train new employees to work in its stores. Beaucham
WINSTONCH [101]

Answer:

option A

Explanation:

Human resource administration refers to the the systematic approach to managing people effectively within a company or industry so they can help their business gain an edge. It is intended to increase the efficiency of workers in relation to the strategic goals of an enterprise.

HR practitioners monitor an organisation's human resources, and concentrate on strategies and procedures being implemented. Such managers specialize in discovering, hiring, education and workforce growth as well as retaining employee relationships or rewards. Specialists in skills training assure that workers are educated and also have sustained growth.

7 0
3 years ago
Other questions:
  • according to the rule of 72, if Beth invests $200 and $1300 into two separate accounts with the same interest rate, which amount
    7·2 answers
  • _______ is the efforts of independent individuals, groups, and organizations to protect the rights of consumersa) sustainability
    14·1 answer
  • Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its uni
    8·1 answer
  • Which financial decision is this:
    8·1 answer
  • Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $1,800,000 par value, mature in four years, and pay
    5·1 answer
  • Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $5 par value common stock
    8·1 answer
  • Explain partner by estoppel ...and please follow me ​???
    6·1 answer
  • Your company is instituting a new security awareness program. You are responsible for educating end users on a variety of threat
    15·2 answers
  • 1. What are the responsibilities of a section officer?
    5·1 answer
  • Which of the following tips can help you avoid electrical
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!