b. governmental
c. producer
d. consumer
e. institutional
Answer:
a. Compute the output if the capital investment is $125,000 and the size of the labor force is 1,331 worker-hours.
Q(K, L) = 120K²/³ x L¹/³
Q(125,1331) = 120 x 125²/³ x 1331¹/³ = 120 x 25 x 11 = 33,000 units
b. What will happen to the output in part (a) if both the level of capital investment and the size of the labor force are cut in half
Q(K, L) = 120K²/³ x L¹/³
Q(62.5,665.5) = 120 x 62.5²/³ x 665.5¹/³ = 120 x 15.75 x 8.73 = 16,499.7 units
To solve the problem, substitute the given values for capital and labor into the function equation to find the output. Then, cut those values in half and do the process again to establish how the output changes.
To solve this problem, first we must understand the function provided: Q(K, L) = 120K^2/3 L^1/3. In this function, Q is output, K is capital investment, and L is labor force.
For part (a), we substitute K with 125 (since K is in units of $1000 and capital investment is $125,000), and L with 1331:
Q(125,1331) = 120(125)^2/3 (1331)^1/3
Solve this equation to find Q, which is the output.
For part (b), if both capital and labor are cut in half, we substitute K with 62.5 and L with 665.5 into the equation, and solve for Q again to find out how the output changes:
Q(62.5,665.5) = 120(62.5)^2/3 (665.5)^1/3
Finding the solutions to these calculations will provide you with the answers to both parts of your problem.
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A sales tax is a type of "indirect tax".
Indirect taxes are fundamentally imposes that can be passed on to another substance or person. It is generally forced on a maker or provider who at that point passes on the duty to the customer.
Sales tax refers to the utilization charge required on products and ventures obtained at the retail level, paid by the customer and put together by the retailer to the overseeing charge authority. Whenever individuals go to the shopping centers or retail chains to shop, they are now going to make good on roundabout regulatory expenses. Goods , for example, family unit things, garments, and other essential wares are liable to such sort of taxes.
Nominal GDP measures a country's total economic output at current prices, including inflation or deflation, while real GDP adjusts this value to remove the effects of price changes, providing a more accurate measure of 'real' economic growth.
In economics, Real GDP and Nominal GDP are two ways of measuring a country's economic output. Nominal GDP is the total value of all final goods and services produced in an economy in a given year, measured in current prices. Prices can be affected by inflation or deflation, which are changes in the general level of prices of goods and services. Therefore, Nominal GDP can change simply because prices change.
On the other hand, Real GDP is GDP adjusted for inflation or deflation. This gives a more accurate measure of economic growth, as it removes the effect of price changes and therefore provides a measure of 'real' output. This makes Real GDP a better measure of economic growth over time, as it reflects changes in the quantity of goods and services rather than changes in their prices.
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b. Firms only have financial difficulties when both the net income and cash flow from operations are negative.
c. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.
d. Understanding how to prepare a statement of cash flows helps the analyst to better understand and analyze the cash flow statement.
Answer:
C. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.
Explanation:
The net cash flow is a profitability measure that determines how much cash a business has generated in a particular year. The difference between cash inflow and cash outflow is the net cash flow. Net cash flow may also be described as the cash a business generates from its normal operations, less the operations and capital expenditures. Some financial statements will have net cash flow expressed at free cash flow.
Cash flow is a pointer of a company's financial strength. Positive cash flow provides the business with the ability to continue operating, develop new products, or extending into new areas. A company with positive cash flow is healthy and can meet its current liabilities.
the answer is B. grand scale