1. Producción y renta Considere que la producción de una nación es descrita por: F(K, L) = K^1/4 L^1/2 Asuma que todos los mercados son perfectamente competitivos. Considere además que en el largo plazo la oferta de capital y trabajo son constantes e iguales a K = 160,000 y L= 1,000.
a) Determine la demanda de factores en la economía

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.