Customer Service Chat
Get quote & make Payment
Production function, Microeconomics
Your firms production function : Q=4K^1/2L^1/2
Suppose that the price of labor is $5 and the price of capital is $20. Your firm desires to produce 200 units of output. How much labor will be hired to minimize the costs of producing 200 units of output?
Posted Date: 11/5/2012 2:47:48 PM | Location : United States
Ask an Expert
Production function, Assignment Help, Ask Question on Production function, Get Answer, Expert's Help, Production function Discussions
Write discussion on Production function
Your posts are moderated
Write your message here..
Elasticities of supply and demand, ELASTICITIES OF SUPPLY AND DEMAND ...
ELASTICITIES OF SUPPLY AND DEMAND Usually, elasticity is a measure of the sensitivity of one variable to the other. It told us the percentage change in one variable in re
Marshalian demand, determination of optimal solution mathematical presentat...
determination of optimal solution mathematical presentation
Unemployment rate, Unemployment Rate A measure of labor force utilizati...
Unemployment Rate A measure of labor force utilization the unemployment rate is equal to the number of people which is unemployed as a percentage of the total labor force.
Please help, 1. Suppose the banking system has reserve of $750000, demand d...
1. Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from t
Institutional intervention on deightweight loss, so this question asks for ...
so this question asks for the deadweight loss if an institution decided to provide this service free of charge. I was wondering if this will achieve the socially efficent level or
EXCEPTIONAL SUPLLY, EXCEPTIONAL SUPPLY
Accountant, In this assignment you will apply consumer choice theory and ma...
In this assignment you will apply consumer choice theory and marginal analysis to business problems. Consider each of the following products and services: a pair of tickets to a s
#production possibility schedule.., #i need more light about it..
#i need more light about it..
Government Stimulus Package, The government decides to implement a new econ...
The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may on
Production for profit, Under capitalism, most production is undertaken by p...
Under capitalism, most production is undertaken by private companies (of various forms), with the goal of generating a profit to the company's owners. Profit is obtained when compa
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.