Express the elements in pointwise which are required in employment notice

Consider the production function

hichkok12 [17]

Answer:

Requirement 1: Production Output will be 61.42 Units.

Requirement 2: Production Output will be doubled.

Requirement 3: Constant Returns to Scale

Explanation:

Requirement 1:

The output at K=46 and N=82 is given as under:

Y = (46)^1/2 * (82)^1/2

Y = 61.42 Units

Requirement 2:

Now if we double "K" and "N" then:

Y' = (2K)^1/2 * (2N)^1/2

Y' = 2 [(K)^1/2 * (N)^1/2]

Y' = 2Y

This means that the output will be doubled.

Requirement 3:

Option A. Constant Returns to Scale

Constant returns to scale occurs when the increase in the input causes same proportional increase in the production output. Such same proportional increase in the production output is referred to as Constant Returns to Scale.

In the given scenario, as the production output doubles with the doubling of input which was seen in the requirement above. We can say that the production function is characterized by Constant Returns to Scale.

6 0

3 years ago

Why can some taxes that appear to be regressive in terms of current income be thought of as progressive from a lifetime tax inci

lara [203]

Answer:

The description is outlined in the clarification segment below, as per the case provided.

Explanation:

The prevalence of either a lifetime tax on some kind of fixed income has been known to be a long-term perspective including its broader economic impact of taxation since they complement instead of just replace.
The existing income taxes would raise the quarterly funds to meet, but perhaps the cumulative occurrence of tax would enhance the power to charge for existence.

5 0

3 years ago

The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750 Balance per

stiv31 [10]

Answer:

Adjusted balance per bank reconciliation $ 24,295

Explanation:

Computation of adjusted balance per bank reconciliation

Balance per bank statement $ 25,750

Add: Deposits in transit $ 2,300

Less: Outstanding checks $ ( 3,755)

Adjusted balance per bank statement $ 24,295

Balance per cash book $ 19,140

Less: Bank Service Charges $ ( 45)

Add: Note collected by bank $ 5,200

Adjusted balance per cash book $ 24,295

The deposits in transit and the outstanding checks have not been incorporated in the bank statement so adjusted to the bank statement balance

The bank service charges and the direct collection by the bank of the note receivable have not been incorporated in the cash book hence adjusted.

6 0

4 years ago

Lake Charles Seafood makes 500 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased

Zepler [3.9K]

Answer:

productivity level per hour= 27 boxes per hour per shift.

Explanation:

Giving the following information:

company productivity per hour:

500 boxes in 20 hours= 25 boxes per hour

The new shift will increase 8 hours a day and 150 boxes. Therefore the new productivity per hour is:

productivity level per hour= 650/24 hours= 27 boxes per hour per shift.

8 0

4 years ago

Below is a partial portion of Jolex’s adjusted trial balance. Cash 12,692 Accounts Payable 5,443 Retained Earnings 1,593 Sales R

Nataliya [291]

Answer:

$ 5,937.00

Explanation:

The credit to retained earnings in the year would be the net income for the year which is computed as sales and rent revenue added together minus salaries and wages expense,depreciation expense , utilities expense recorded in the year.

Net income=$13,108+$2,756-$6,639-$1,610-$1,678=$ 5,937.00

All in all,the credit to retained earnings would be $ 5,937.00

The net income is the amount by which the overall retained earnings would increase in the current year

7 0

3 years ago

Express the elements in pointwise which are required in employment notice​

Express the elements in pointwise which are required in employment notice