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) For each of the following production functions, determine whether the production function exhibits increasing returns to scale, decreasing returns to scale or constant returns to scale. Q=10√L √K Q=3K+4L Q=300K^0.2 L^0.5 Q=0.5K^0.9 L^0.5 d. Q=√L+√K
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In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable
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Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be
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Which stage of group development involves members introducing themselves to each other?
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) For each of the following production functions, determine whether the production function exhibits...
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