Ask a New Question

2. (i) The production function

An increase in the capital stock will:A. Shift production function downward. B. Shift the production function upward C. Flatten
1. 0 answers
2. asked by Juan
3. 1,382 views
Suppose you are given the following production function:, where y is output and K is capital. y= 60K + 20.3K2- K3 1.1 what is a
1. 0 answers
2. asked by Sarah
3. 868 views
suppose that a firm production function is given by Q=20L-2L^2 if the price of production Birr 20 what will be the value of
1. 1 answer
2. asked by Dejene
3. 124 views
Initially suppose that both countries have the same production function, namely q = K.3L.7. For this production function, MPL =
1. 0 answers
2. asked by Sung Jun
3. 588 views
If you owned your own small hot dog shop and all you sell is hot dogs and root beer how would you go about estimating your
1. 0 answers
2. asked by Ed
3. 669 views
The demand function for a good is p=40−0.02q. Round your numeric answers to one decimal place.a) Write the revenue as a
1. 1 answer
2. asked by Anonymous
3. 707 views
The revenue function for a production by a theater group is R(t)= -50t^2+300t, where t is the ticket price in dollars. The cost
1. 2 answers
2. asked by Carie
3. 3,619 views
Write short notes onFactors of production Production function Production optimization Isoquant and equal cost lines
1. 1 answer
2. 97 views
A short run equilibriam production function is given as Q= X½ were Q is output and X is input.a) is the production function
1. 1 answer
2. asked by Evaristi Paulo
3. 174 views
b. Suppose that the production function is given by Y = K1/2 N11/2. Assume that the size of the population, the participation
1. 1 answer
2. asked by Jr
3. 229 views