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Consider the following short run production function : Q=6L2-0.4L3
a. Find the value of L that maximizes out put b. Find the
1 answer
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If a firm's total cost function Tc= 100-12Q+0.6Q2 where TC is total cost in birr and Q is units of output then find the
3 answers
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H2SO4 solution containing 200.1g of H2S04 in 0.3500l of solution at 20 degree celcius has a density of 1.3294g/ml. find a,mass
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Answers (1)
Assume that a firms production function is given as Q= L2/3 k1/3. Determine MPL,MPK,MRTSLK and whether production function exhibits increasing, decreasing or constant returns to scale