Use the Information Provided Below to Answer the Following Question(s)

question 8

Multiple Choice

Use the information provided below to answer the following question(s) .
δ = .11
gA = .03
gN = .02
-Refer to the information above.Which of the following represents the amount of investment per effective worker needed to maintain a constant level of capital per effective worker (K / NA) ?

• A)0.02(K / NA)
• B)0.03(K / NA)
• C)0.05(K / NA)
• D)0.13(K / NA)
• E) 0.16(K / NA)

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Definitions:

Revenue

The total amount of money received by a company from its business activities, like sales of goods or services.

Fixed Cost

A cost that does not change with the increase or decrease in the amount of goods or services produced, such as rent, salaries, and insurance.

Planning Budget

A financial plan that estimates income, expenses, and resources over a period, often used for guiding management decisions.

Revenue

The total amount of money received by a company for goods sold or services provided during a certain period.