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Let s be the savings rate, δ the depreciation rate and the production function be: y = Aka. If the share of labor is 2/3, calculate the steady-state value of k for each of the following: the product function is in per capita terms
a. s =10%, δ =10%, A=1
b. s =10%, δ =20%, A=1
c. s =20%, δ =10%, A=2
Explain what the meaning of this steady state is
What is break-even analysis and why is it an important element in the discussion of operating leverage? In your response include a discussion on the break-even point.
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q1. the jones company has just completed the third year of a five-year macrs recovery period for a piece of equipment
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