« previous next »

Author Question: A production function in which the inputs are perfectly substitutable would have isoquants that are ... (Read 65 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
on: Jul 1, 2018
A production function in which the inputs are perfectly substitutable would have isoquants that are
 
  A) convex to the origin.
  B) L-shaped.
  C) linear.
  D) concave to the origin.

Question 2

A perpetuity for sale at 100,000 that promises a yearly payment of 5,000 has an effective yield of
 
  A) 2.
  B) 5.
  C) 20.
  D) 50.
  E) 2,000.


l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

How to find the inverse of any function How to find the inverse of any function
How to reflect a sinusoidal function across the x-axis (y=a*sin⁡b(x−c)+d) How to reflect a sinusoidal function across the x-axis (y=a*sin⁡b(x−c)+d)
Vitamin C contributes to healthy, glowing skin by facilitating the production of collagen Vitamin C contributes to healthy, glowing skin by facilitating the production of collagen
Differentiation of Inverse Trigonometric Function Differentiation of Inverse Trigonometric Function
Algebraically determine the x intercept of the exponential function Algebraically determine the x intercept of the exponential function
A comparison of sperm production and egg production in humans A comparison of sperm production and egg production in humans
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library