An isoquant is a curve that shows
a. all the combinations of inputs that yield the same total...
Business, 16.11.2019 01:31 rayisaiah3
An isoquant is a curve that shows
a. all the combinations of inputs that yield the same total output.
b. all the combinations of inputs that cost the same total amount.
c. all the output levels that can be produced from a given set of inputs.
d. the optimal combination of inputs to use to produce any given level of output.
Answers: 1
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Saeed needs money to purchase tools, basic office supplies, parts to refurbish equipment, accounting software, and legal fees. believing saeed's business will be a success, an investor invests $5,000 to saeed open his business. in return, saeed agrees to repay the investor the $5,000 plus 17 percent of the profits of the business. calculate the return on investment for the investor if saeed's business makes $7,000 in profit as a total return of the business in its first year.
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Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
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Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]
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