If d = the depreciation rate, n = the growth rate of the labor force, and k = the capital-labor ratio, which of the following expressions best describes break-even investment?
A) dnk
B) (d - n)/k
C) dk - nk
D) (d + n)k
D
Economics
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What will be an ideal response?
Economics
Suppose the price elasticity coefficients of demand are 1.43, 0.67, 1.11, and 0.29 for products W, X, Y, and Z respectively. A 1 percent decrease in price will increase total revenue in the case(s) of:
A. W and Y. B. Y and Z. C. X and Z. D. Z and W.
Economics