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Suppose the production function for
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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asked by
Sarah
844 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
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asked by
Dejene
111 views
8. Suppose that the firm faces a Cobb–Douglas production function with two inputs: K is
capital (the number of machines =
1 answer
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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
573 views
Hopefully someone can help me with this.
"Suppose the production of airframes is characterized by a CES production function:
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asked by
Jessica
559 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
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asked by
Jr
210 views
An increase in the capital stock will:
A. Shift production function downward. B. Shift the production function upward C. Flatten
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asked by
Juan
1,345 views
Suppose that the production function is given by Y = K1/2 N1/2. Assume that the size of the population, the participation rate,
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asked by
Evaristi Paulo
179 views
Cant find equations for solving for MP and AP.
Suppose firms A and B each make T-shirts. Firm A's production function is q = L0.5
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asked by
Bono
739 views
1. Suppose the production function is given by Q(L,K) = L K . Assuming capital is fixed,
find APL and MPL . 2. Consider the
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241 views