Anonymous comment on Suppose that an economy’s production function is cobb-douglas with parameter α = 0.3 a.
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Using this information, calculate exact percentage changes for total output, the real rental rate, and the real wage rate.Īccounting acne adsense advertising aerobics affiliate alternative articles attraction auctions advertising audio-streaming auto-care auto-parts auto-responder aviation babies-toddler baby bankruptcy bathroom beauty bedroom blogging body-building book-marketing book-review branding breast-cancer broadband-internet business business-loan business-plan cancer car-buying car-insurance car-loan car-maintenance career cars casino cell-phone chat claims coaching coffee college-university computer-pc-tips cooking cooking-tips copy writing cosmetics craft creative writing credit credit cards credit repair currency trading data recovery dating debit relief diabetics diet digital camera diving divorce domain driving tips ebay ebook ecommerce email marketing emarketing essay ezine fashion finance fishing fitness flu free icloud furniture gardening golf google gps hair hair loss hdtv health insurance heart disease hobbies holiday home business home improvement home organization icloud interior-design internet-tips investment jewelry kitchen ladies-accessories lawyer lcd-plasma legal life insurance lingerie love mailing list make money mortgage mp3 music network-marketing online shopping paid survey pc games perfume personal-injury ppc pregnancy real-estate recipe recreation relationship resume romance rss sales-letter self employment seo shoes small business smoking software spam-blocking sports spyware stress testing trading travel vacation video-conferencing video-streaming virus voip web design web development web hosting website traffic wedding weight women writing-tips What happens to total output (in perecnet)? The rental price of capital? The real wage? For concreteness, assume that the production function is Y = 100K0.3L0.7and assume that the economy starts with K = 100 and L = 100. Suppose that a technological advance raises the value of the parameter A by 10 percent. What happens to total output (in percent)? The rental price of capital? The real wage? d. Suppose that a gift of capital from abroad raises the capital stock 10 percent. What happens to total output (in precent)? The rental price of capital? the real wage? c. What fractions of income do capital and labor recieve? b.Suppose that immigration increase the labor force by 10 percent.
Determine (a) the rate of heat removal from the refrigerated space and the power input to the compressor, (b) the rate of heat rejection to the environment, and (c) the coefficient of performance. Show the cycle on a T-s diagram with respect to saturation lines. The mass flow rate of the refrigerant is 0.05 kg/s. Anonymous comment on A refrigerator uses refrigerant-134a as the working fluid and operates on an ideal vapor-compression refrigeration cycle between 0.12 and 0.7 MPa.It shields certain personal aspects of citizens’ lives from governmental interference. Anonymous comment on Which of the following statements is NOT true about the right to privacy? a.Disregarding the effect of the kinetic energy correction factor, determine the flow rate of water through the hole if (a) the entrance of the hole is well-rounded and (b) the entrance is sharp-edged. Anonymous comment on Water is to be withdrawn from a 5-m-high water reservoir by drilling a 1.5-cm-diameter hole at the bottom surface.Linnaeus evolved a system of nomenclature called (a) mononomial (b) vernacular (c) binomial (d) polynomial.Basic unit or smallest taxon of taxonomy/ classification is (a) species (b) kingdom (c) family (d) variety.A taxon is (a) a group of related families (b) a group of related species (c) a type of living organisms (d) a taxonomic group of any ranking.Malignant tertian malaria parasite, belongs to class (a) Plasmodium falciparum (b) P.
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