If output is produced with two factors of production and with increasing returns to scale: A. there cannot be diminishing marginal rate of substitution. B. all inputs must have increasing marginal products. C. on a graph of production isoquants, moving along a ray from the origin, output mo...
Answer to: Define or briefly explain the following: Increasing returns to scale. By signing up, you'll get thousands of step-by-step solutions to...
Increasing Returns and Economic Geography Paul Krugman Massachusetts Institute of Technology This paper develops a simple model that shows how a country can endogenously become differentiated into an industrialized core and an agricultural periphery. In order to realize scale economies while minimizing transp...
Continuous profiling for analysis of CPU, memory usage over time, and down to the line number. Saving infrastructure cost, improving performance, and increasing reliability. Features eBPF Profiler: A single profiler, using eBPF, automatically discovering targets from Kubernetes or systemd across the ent...
From a theoretical point of view, it is interesting to note that in standard versions of the Solow and Ramsey models without delays but with a positive rate of population growth, because of the assumption of constant returns to scale, (i) the size of population does not influence the long ...
Note: If you’re unsure of how to make a multi-line graph in Excel, watch the video below for a pretty straightforward method of converting your data to this format. During step 1, you’re using these high-level reports to guide what questions you’re asking of your data to plan you...
What would cause the PPF to take that shape? a. There is only one factor of production and it cannot be used in both sectors at the same time. b. Factors of production can be shifted from widget production to gizmo production with no change in productivity. ...
Any enlarged item that leaves an enlarged creature's possession (including a projectile or thrown weapon) instantly returns to its normal size. (This might raise a second question, about enlarge person, whether it’s a one-time size-boost, or whether anything you pick up while the spell is...
If we look at the system in phase space, with coordinates (A, P), then there is a point p such that after 40 kyr the system returns to point p. If the system were at point x0, then it would move to point x1 after 40 kyr where x0≠x1. Sufficiently close to p, we can ...
(at t=20 μs), then shifts to x=−1.5 cm (at t=65 μs) and finally returns back to x=1.5 cm at t=100 μs. This indicates that the plasma jet, guided along the magnetic field, is rotating. Plasma jet rotation follows the rotation of the cathode spot, which is presented in ...