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Talja [164]
3 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]3 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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Durable goods are: a. consumers' goods b. raw materials combined to produce consumer goods c. those that must be replaced after
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Answer:

d. those that may be stored and repaired

Explanation:

Durable goods are those goods that are stored and repaired. It is to be considered for the long-lasting so it can be stored. Also it can be repaired when they wear out

For example: mobile phone, table, chair, toys, etc

Therefore as per the given situation, the option d is correct

And, the remaining options are to be considered

3 0
3 years ago
When might term insurance be a better option than whole life insurance?
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6 0
4 years ago
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Which of these are centers that offer new businesses in the critical stage of early development low-cost offices with basic serv
Afina-wow [57]

Incubators are the centers that offer new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, and secretarial help.

Business incubators are organizations that offer a range of specialized tools and services to help new and beginning businesses throughout their early stages of growth. The basic objective of a business incubator is to create profitable businesses that can exist alone when the program is over.

Services is a broad phrase that refers to labor that sustains a firm but does not create a physical good. An essential business service that supports several other business services, including procurement, shipping, and banking, is an information technology (IT).

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8 0
1 year ago
Activities performed by an applicant after an interview intended to express continued interest in employment with the
goldfiish [28.3K]

Answer:

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4 0
3 years ago
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If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are:
lys-0071 [83]

Answer:

Recognized as revenues in the debt service fund.

Explanation:

Debt Service fund is a term that is used to describes a form of cash reserve utilized in the payment of interest and principal on specific kinds of debt for a given period. For example, bond premiums are commonly imposed by state law to be moved to debt service funds.

Hence, If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are: Recognized as revenues in the debt service fund.

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