The correct answer is:
Human Capital.
Explanation:
In the question "Gloria wants to open her own restaurant. She has already purchased a building and raised enough cash to purchase the furniture, tools, and equipment required. She has also hired waitstaff and some cooks. However, she is unable to find a person who will be able to come up with interesting recipes every day.
Human Capital Theory views humans and individuals as economic units acting as their own economy. Therefore, Gloria is lacking the human capital which is the most important part of her business, which give a rise to her sales and economy of her business. Normally more than 60% of businesses fail due to this factor, without even knowing what they actually need, despite of having everything needed to run a restaurant.
42 in summer and 15 in winter and in total there are 57
Answer: The firm should minimize cost and always seek a mix of inputs, L and K,
such that the marginal products per dollar spent on each should be equal.
Explanation:
Spending one dollar less on capital will reduce output by capital's marginal product per dollar. But because the marginal product per dollar for labor is greater than that for capital, less than a dollar's worth of labor must be bought to achieve the desired output.
If a firm uses two inputs, labor and capital, that can be bought
at fixed prices P(L) and P(K). We can find (for any amounts of the inputs) the marginal
product of, say, L as the increase in output achieved from employing an extra unit of
labor, holding capital constant. The marginal product per dollar spent on labor is
therefore MP(L)/P(L). This is the increase in output the firm can achieve from spending
another dollar on labor. Similar definitions hold for capital.
Answer:
energy which a body possesses by virtue of being in motion. Compare with potential energy.
Explanation:
His character was just as important as his baseball skills
