Answer:
A) no, the quantity increases at a constant rate.
B) yes, quantity increases at a lower rate after each additional units of labor is added.
Explanation:
We should derivate to know if the function increases or decreases:
at until which point this occur:
A)
q = 10 L + K
if K = 2
q = 10L +2
q' = 10
As q' is positive and constant the function increases at the same rate for all the positives values of L.
B)
As L increases, the additional output decreases. This economy faces diminishing marginal returns to labor.
Answer:
$1,053.29
Explanation:
The intrinsic value of the bond is the present value of the bond's future cash flows, semiannual coupons for 3 years as well as the face value at the bond's maturity payable to bondholders.
The bond price can be determined using a financial calculator bearing in mind that the calculator would be set to its default end mode before making the following inputs:
N=6(there are 6 semiannual coupons in 3 years)
PMT=45(semiannual coupon=1000*9%*6/12=45)
I/Y=3.5(semiannual yield=7%*6/12=3.5%
FV=1000*(the face value of the bond is $1000)
CPT
PV=$1,053.29
The correct answer for this question is this one:
The correlation between money supply and economic growth is directly related because the as the number of money of supply increases, the significance to that with the economic growth is that there is progress. Hope this helps
Answer:
In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share
Explanation:
They generally take in more in premiums than they pay out.