subject
Business, 23.03.2020 22:06 lovelyashjoy

Economania is a closed island economy where two goods A and B are each produced by many identical perfectly competitive firms using labor L and some input X according to standard production functions. If all these goods were pure private goods, what is the necessary condition for Pareto optimality with respect to assigning X and L to produce the two goods? Why would the competitive equilibrium satisfy this condition? Assume instead that the use of input X to produce A causes harm to industry B. That is, an increase in X used to prod

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 20:20
Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44
Answers: 2
question
Business, 22.06.2019 20:20
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
question
Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
question
Business, 23.06.2019 02:00
Abc electronics wants someone to install a top-of-the-line security system in its two buildings, a system that not only sounds an alarm but also simultaneously notifies authorities and the company president. video surveillance of the premises should also be a capability of the security system. n order to obtain price quotes, what should the company write? a.an unsolicited proposal b.an internal proposal c.an external proposal d.a request for proposals
Answers: 3
You know the right answer?
Economania is a closed island economy where two goods A and B are each produced by many identical pe...
Questions
question
Mathematics, 07.11.2019 01:31
question
Mathematics, 07.11.2019 01:31
question
Mathematics, 07.11.2019 01:31
question
Computers and Technology, 07.11.2019 01:31
Questions on the website: 13722363