Category: Economics

Q3 (a) Write down the major characteristics of a translog production function. In what ways is this production function different from Cobb-Douglas production function?(2024, 10 Marks)

If the federal reserve increases rhe moeny supply and lowers interest rates and all other favtors remian unchangedhow is the shoer ryn wconomy affected wirh tespect to the phillips curve

➤ When should a brand use micro-influencers versus macro-influencers?
Use micro-influencers when you need tight niche targeting, higher engagement rates, and authentic community connections. Choose macro-influencers for broad reach, rapid awareness, and large-scale campaigns. Evaluate audience fit, campaign goals, budget, and desired metrics like engagement rate, cost per acquisition, and reach before deciding which tier aligns with your marketing objectives.

➤ How did Reagan’s policies change defense budgets and programs?
Reagan increased defense toplines, enlarged procurement buys, and renewed nuclear modernization. The administration prioritized aircraft, ships, missile systems, and missile-defense research, expanded active and reserve readiness, and encouraged private-sector defense investment to rebuild conventional and strategic U.S. military capabilities.

Question 90 (1 point)
Equity theory argues that people are more interested in rewards and costs of a relationship than achieving fairness.TruaFalse

When a car salesperson tells you how to distinguish between a good used car and a bad one with the motive to sell, the salesperson’s goal is◻ persuasioninformationrecognitionacceptance