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Talja [164]
2 years ago
15

If labor and capital are perfect substitutes: A. isoquants are linear and downward sloping. B. cost-minimizing firms will genera

lly use only labor or only capital in production, depending on the relative prices of labor and capital. C. the elasticity of substitution between the inputs is infinite. D. All of the above are correct. E. None of the above is correct.
Business
1 answer:
nexus9112 [7]2 years ago
7 0

Answer:  (D.) All of the above are correct.

Explanation: If the factors of production are perfect substitutes then the following will hold true :

A. Isoquants are linear and downward sloping.

B. Cost-minimizing firms will generally use only labor or only capital in production, depending on the relative prices of labor and capital.

C. The elasticity of substitution between the inputs is infinite.

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_____ systems are generally used by managers at lower levels of an organization. a. tactical support b. internal support c. bott
emmainna [20.7K]

Operations support systems are generally used by managers at lower levels of an organization. Therefore, the correct answer is option 'D'.

An operational support system (OSS) is a collection of computer programs or information technology (IT) system used by communications service providers to monitor, control, analyze, and manage a computer or telephone network system.

OSS software is designed specifically for telecommunications service providers and is primarily used to support network processes such as network inventory management, network component configuration, service provisioning, and fault management.

With the proliferation of new broadband and Voice over Internet Protocol (VoIP) systems, OSS and network management are increasingly being applied to home networks.

An OSS is also referred to as a business support system (BSS).

Hence, the correct option is 'D'.

Learn more about operations support systems:

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4 0
1 year ago
1. You are investing $100 today in a savings account at your local bank. Which one of the following termsrefers to the value of
ahrayia [7]
He earned 11$ interest on his 100$
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2 years ago
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All of the following would cause the aggregate demand curve to shift except A. decreased security about jobs and future income.
gregori [183]

Answer:

price level changes

Explanation:

The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.

The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.

Aggregate demand curve shifts except when price level changes.

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Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25
alukav5142 [94]
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Which of the following statements are true regarding a FICO score’s changing?
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