Suppose that a firm faces the production function y=k*l and is currently minimizing costs in the long run with marginal product of labor and marginal product of capital given by k and l, respectively. if the price of capital falls by 50%, the capital-to-labor ratio will;
a. decrease by 50%
b. increase fivefold
c. increase by 50%
d. double

For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund