Suppose the production function for the country of Westlandia is Q = K + L, where Q is output, K is capital, and L is labor. Which of the following statements is true about this production function? Westlandia could achieve economic growth with labor alone.

Labor exhibits diminishing marginal returns.

Capital exhibits diminishing marginal returns

All of the above statements are true.

Ron works for a large american company that is thinking about buying another large company. before the deal is announced, ron writes an article for the paper that tells all of the details of the possible business deal. ron's boss fires him for giving secret company information to the public. why is ron's company allowed to fire him without violating his "freedom of speech" rights? a. companies are fully protected by free speech laws. b. ron's boss was not born in america. c. newspapers do not count as speeches because they are written. d. ron's company has a right to protect its interests.the answer is d

Give an example of a situation in which an individual's pursuit of economic self-interest may not benefit but instead harm the rest of society

"would you like to hear mademoiselle reisz play? " asked robert, coming out on the porch where she was. of course edna would like to hear mademoiselle reisz play; but she feared it would be useless to entreat her. "i'll ask her," he said. "i'll tell her that you want to hear her. she likes you. she will come." he turned and hurried away to one of the far cottages, where mademoiselle reisz