This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The concept that explains firms possessing different bundles of resources is a. Resource ... (Read 57 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
The concept that explains firms possessing different bundles of resources is
 a. Resource heterogeneity
  b. Resource immobility
  c. Barriers to entry
  d. imitability

Question 2

The primary purpose of the Cobb-Douglas power function is to:
 a. allow one to make estimates of cost-output relationships
  b. allow one to make predictions about a resulting increase in output for a given increase in the inputs
  c. aid one in gaining accurate empirical values for economic variables
  d. calculate a short-run linear total cost function
  e. a and b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nyrave

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jul 1, 2018
Wow, this really help

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Concept map of disease and immune system Concept map of disease and immune system
Concept Map Template Concept Map Template
Metallic Resources Metallic Resources
Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition
Competitive firms and maximization Competitive firms and maximization
Vascular Bundles in Monocot Stems Vascular Bundles in Monocot Stems
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library