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:
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:
We can now solve as follows;
Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.
A mutual benefit bailment refers to a situation where both the bailee and the bailor benefit.
This is because the parties benefit in a certain way from the bailment contract.
This arises from the fact that there exists an exchange of performances between the parties.
<h3>When there is a bailment for the benefit of the bailee what type of care is required?</h3>
In a bailment for the sole benefit of the bailee, the bailee must use a high degree of care in taking care of the property bailed,must use the property only as agreed, and must return it when the bailment ends.
The bailor has the right to have the property returned in a safe condition when the bailment ends.
Learn more about bailment here:
<h3>
brainly.com/question/14122963</h3><h3 /><h3>#SPJ4</h3>
B seems to make the most sense
Answer:
a. vote to replace the board of directors who can replace the self-interested managers
b. fire them
Explanation:
In a corporations in which the major aim is to promote the interest of the shareholders, there is bound to be class of interest between the managers and the shareholders.
Most times, the manager will try to pursue his own personal interest at the detriment of the organization. Firing such managers and, in most cases, voting during board meetings to replace them are ways to put the organization back to business.
