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suppose that a firm production
Suppose we now care about the long run decisions of a firm that has a production function of the form q = 4L^1/2 + K
Suppose w =
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asked by
Sara
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2 questions that im stuck on!!!
1. Suppose a firm has a production function Q = 3(squareroot)N, where N is labour. Suppose the
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asked by
tofu
621 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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Bono
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1. Suppose that the firm operates in a perfectly competitive market. The market price of his product is $10. The firm estimates
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asked by
Hanfre
170 views
1. Suppose that the firm operates in a perfectly competitive market. The market price of his product is $10. The firm estimates
3 answers
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The long run is defined as the time period in which
Part 2 A. the firm can vary only one input. B. the firm can make positive
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asked by
AOL
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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
101 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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Market inverse demand is 𝑝 = 10 − 2𝑄𝑑. There are two competitive firms in the market. Firm A’s total cost of
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Suppose that labor is the only input used by a perfectly competitive firm that can hire workers for $50 per
day. The firm’s
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Mariah
2,635 views