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Identify the production function used
An increase in the capital stock will:
A. Shift production function downward. B. Shift the production function upward C. Flatten
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Juan
1,425 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
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Sarah
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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
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asked by
Dejene
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Initially suppose that both countries have the same production function, namely q = K.3L.7. For this production function, MPL =
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asked by
Sung Jun
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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
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Ed
700 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
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asked by
Anonymous
735 views
A factory can produce two products, x and y, with a profit approximated by P=14x+22y−900 . The production of y must exceed the
1 answer
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A factory can produce two products, x and y, with a profit approximated by P=14x+22y−900 . The production of y must exceed the
1 answer
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factory can produce two products, x and y, with a profit approximated by P=14x+22y−900 . The production of y must exceed the
1 answer
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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
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asked by
Carie
3,647 views