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velikii [3]
2 years ago
14

What is the main difference between a generic market and a product market

Business
1 answer:
Yuri [45]2 years ago
7 0

Answer:

The main difference between a generic market and a product-market is that: a generic-market involves a less similar set of needs than does a product-market. A basic difference between a "generic market" and a "product-market" is: how similar the competing sellers' products are.

Explanation:

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Choosing stocks by searching for predictable patterns in stock prices is called ________.A. fundamental analysisB. technical ana
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Answer:

B. technical analysis

Explanation:

Technical analysis -

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6 0
3 years ago
Assume a​ Cobb-Douglas production function of the​ form: q equals 10 Upper L Superscript 0.33 Baseline Upper K Superscript 0.75.
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Answer:

Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.

Explanation:

From the question, we have the following restated equation:

q=10L^{0.33} K^{0.75}

Where q is the output, and L and K are inputs

To determine the types of returns to scale, we increase each of L and K inputs by constant amount c as follows:

q = 10(cL)^{0.33}(cK)^{0.75}

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q = 10c^{0.33+0.75} L^{0.33}K^{0.75}

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