An economy is in the steady state if a) depreciation is zero. O b) there are no diminishing returns. Oc) net investment is positive. O d) investment equals depreciation. Oe) capital grows at a constant rate.
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![An economy is in the steady state if
a) depreciation is zero.
O b) there are no diminishing returns.
Oc) net investment is positive.
O d) investment equals depreciation.
O e) capital grows at a constant rate.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbe13a3d4-ca9f-45e2-9682-6f988ba982cc%2F7fe2e401-b745-4132-8bb6-05a158cb1543%2Fg4figq_processed.jpeg&w=3840&q=75)
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- Other things equal, a low saving rate ultimately tends to cause. O a relatively little new purchasing of real capital by firms Ob. relatively few start-ups of new businesses Oc neither relatively little new purchasing of real capital by firms nor relatively few start-ups of new businesses O d. both relatively little new purchasing of real capital by firms and relatively few start-ups of new businessesDead capital is Select one: O A. useful only if employed in a labor-intensive production process. O B. useful only if employed in a capital-intensive production process. O C. unlikely to have any productive use. O D. unlikely to be applied to its most efficient use.Weak sustainability requires the maintenance of O specific components of natural capital O natural capital O the total capital stock O physical capital O human capital
- According to Little's Law, which statement is correct for a stable process: O a. For a given throughput, the average inventory is independent of the average flow time O b. For a given throughput, increasing the average inventory results in an increase in the average flow time. O c. For a given throughput, decreasing the average inventory results in an increase in the average flow time. O d. For a given throughput, increasing the average inventory results in a reduction in the average flow time.Urgently need[MUST SHOW WORK] Tina decides to open her own salon. She uses her savings of $20,000 to invest in her business that was earning an interest rate of 2% per annum. She also gets a business loan of $50,000 from her bank at the interest rate of 10% per annum. What is the implicit cost of financing Tina's business? Select one: O A. $400 B. $800 O C. $70,000 O D. $20,000 O E. $5,000
- 2-lf you have the following production function Q=f( L,K), answer the following : 1. is this function tong or short run? 2. Draw TP! , MPL, APL. 3. Show the stages of the production. 4. Expiain the reiationship between iviPi & APL. 5. When MPL=0, what does that mean ?The Cobb-Douglas production function is commonly used to model the production of an output, based on two or more inputs. In this project, we will consider the inputs of capital and labour: • Capital, denoted by K, is the business's capital expenditures over a given time period. This could include money spent on space or equipment rental, maintenance, supplies, etc. • Labour, denoted by L, is the number of worker-hours used over the same time period. The output is the quantity of items produced, Q over the same time period. The key assumptions leading to the Cobb-Douglas production function are as follows. Assume A1 and A2 are true throughout this individual project. A1. If the labour is held fixed, a very small relative change in labour K, AK should always lead to a corresponding relative change in Q that is proportional to the relative change in labour. In other words, AK AQ Q (1) = CE K for some constant a > 0. A2. If the capital expenditures are held fixed, a very small relative…Please answer correctly
- A firm invests $125 million in a new manufacturing plant in your country. What would be the impact on the country's production function? Select one: O a. shift outwards O b. movement upwards along the same curve O c. shift inwards O d. movement downward along the same curve O e. remain unchangedPlz answer in 1 hour9. Real GDP per hour worked, Y/L $40 ic B 60 Production function, Production function, function in the figure above by a movement - Production function, Capital per hour worked, K/L Diminishing marginal returns is illustrated in the per-worker production a. up along any of the production functions. b. from Production function 1 to Production function 2. c. from Production function 1 to Production function 3. d. from Production function 2 to Production function 1. e. from Production function 3 to Production function 1.