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A firm has a production function represented by: q=L^(.75)K^(.25)
Find a function for how much capital and labor a firm should hire to produce a given level of production in terms of the price of labor, w, and the price capital, r.
Suppose w=15 and r=5. What amounts of labor and capital should the firm choose in order to produce 100 units of this good in the least expensive manner?
Please answer the questions completely. One tutor answered incomplete and I gave him a negative rating and that person is now removed. So please answer completely.
Part of a worker’s pay on an automobile assembly line is based on the number of cars in a pay period that come off the worker’s line and pass inspection. The remaining portion of the worker’s pay is an hourly wage that is fixed and only depends on th..
Discuss how an organization benefits from operational planning, and how operational planning and budget planning are related. Explain how “system thinking” improves operation decision making.
q1. james marshallian demand function clarifies the utility maximization problem that is max u x1 x2. as the cost of
What are the terms of trade? (At what rate would you each be willing to trade?) f. Using graphs for both you and Pat, show that trade allows each of you to achieve a point on your consumption possibilities curve which is greater t..
q1. timber companies in the united states cut down many trees on openly owned land. describe likely efficiency of
Why/how does inflation impact the growth rate of the economy in the medium run.
If the required reserve ratio were .25, then a $8 million increase in H ("high-powered money") from the Fed could lead to an increase in the money supply by as much as $____ million.
What are key differences between ontological, teleological and cosmological arguments. Identify philosopher who you think best supports his or her argument. Explain your answer briefly.
What proportion of the tax will be paid by the suppliers of Martin guitars? How many guitars will be sold after the tax is imposed?
The third through sixth payments are $1000 greater than the first two. Determine the size of the first (end of period 1) payment.
An agency is having problems with personal phone calls made during working hours.
q.the blair companys three assembly plants are located in california georgia and new jersey. previously the company
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