What is the steady-state value of capital labor ratio, Cost Accounting

Assignment Help:

1. A country has the per-worker production function  yt = 6 kt 0.5 

where yt is output per worker and kt is the capital-labor ratio. The depreciation rate is 0.1 and the population growth rate is 0.1. The saving function is  St = 0.1 Yt,

where St is total national saving and Yt is total output.

(a) What is the steady-state value of capital-labor ratio?

 

 


Related Discussions:- What is the steady-state value of capital labor ratio

Component of fixed overheads variance, Component of Fixed Overheads Var...

Component of Fixed Overheads Variance Fixed Overhead Expenditure Variance The fixed overhead expenditure variance is the dissimilarity between the actual fixed expend

Method of bonus payment , from the following particulars calculate the earn...

from the following particulars calculate the earning of worker . rate per hours $0.50 standard time 200 hours time taken 140 hours

Comment on the cash- flow impacts, Chester & Wayne is a regional food distr...

Chester & Wayne is a regional food distribution company. Mr. Chester, CEO, has asked your assistance in preparing cash-flow information for the last three months of this year. Sele

Cost units - terms used in cost accounting, Cost Units - Terms Used in Cost...

Cost Units - Terms Used in Cost Accounting It is the quantitative units of the service or product in relation to those costs are ascertained. The cost unit will be determined

Calculate average cost to manufacture, Sony manufactures battery for Iphone...

Sony manufactures battery for Iphone 6+. The average costs to manufacture batteries are $4 for 10,000 ad $2.67 for 30,000. Assuming the total cost function is linear, what will be

Conceptual Frame work, What are the dependent and independent variables in ...

What are the dependent and independent variables in Cost Accounting??

Accounting records - nature and purpose of cost accounting, Accounting Reco...

Accounting Records - Nature and Purpose of Cost Accounting The quantitative information employed in the management and cost accounting systems can be obtained from with two ac

Differential analysis, West Industries is a highly decentralized corporatio...

West Industries is a highly decentralized corporation with independent operating divisions. Each division is evaluated and rewarded based on its total net income. One of the divisi

Evaluate the discounted mean term, Evaluate the discounted mean term (DMT) ...

Evaluate the discounted mean term (DMT) of a bond redeemable at $120 nominal in 15 years time with annual coupons of 7% (based on a nominal bond of $100) at interest rates of 6% ,

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd