Ask a New Question
A production function is given
An increase in the capital stock will:
A. Shift production function downward. B. Shift the production function upward C. Flatten
0 answers
asked by
Juan
1,427 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
0 answers
asked by
Sarah
897 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 answer
asked by
Dejene
156 views
Initially suppose that both countries have the same production function, namely q = K.3L.7. For this production function, MPL =
0 answers
asked by
Sung Jun
617 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
0 answers
asked by
Ed
701 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 answer
asked by
Anonymous
736 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
2 answers
asked by
Carie
3,648 views
Write short notes on
Factors of production Production function Production optimization Isoquant and equal cost lines
1 answer
117 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 answer
asked by
Evaristi Paulo
193 views
b. Suppose that the production function is given by Y = K1/2 N1
1/2. Assume that the size of the population, the participation
1 answer
asked by
Jr
260 views