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..
International comparisons method, International Comparisons Method In ...
International Comparisons Method In the 1960s, a few developing countries of the world looked around the developed world in search of models of development. For instance, Sout
Representative consumer faces a wage income tax, suppose, as in the federal...
suppose, as in the federal income tax code for the united states, that the representative consumer faces a wage income tax with a standard deduction. That is the representative con
Demand and supple, I need help
I need help
General equilibrium , How to solve general equilibrium in pure exchange eco...
How to solve general equilibrium in pure exchange economy with 2 consumer and 3 commodities
Calculate production-prize and profit, Consider a television manufacturer b...
Consider a television manufacturer based in Korea. It produces TVs in Korea at a total cost of Y 2 + 2 Y where Y is the number of televisions they produce in Korea. It can als
Mrts., why mrts should convex to origin
why mrts should convex to origin
ROLE AND ASSUMPTIONS OF ECONOMIC THEORIES, WHAT ARE ROLE AND ASUMPTIONS OF ...
WHAT ARE ROLE AND ASUMPTIONS OF ECONOMIC THEORIES
Determine the profit maximizing price and quantity, Determine the profit ma...
Determine the profit maximizing price and quantity A firm has segmented its market into the following demand functions: P1 = 500 – 50Q P2 = 500 – 20Q with a cost fu
Lending operations of world bank, Lending Operations of World Bank: Re...
Lending Operations of World Bank: Resources of the Bank consist of the capital and borrowings. The capital of the bank is contributed by its 184 member-countries. Besides,
ENVIRONMENTAL POLLUTION , Environmental pollution may be eloborate as the c...
Environmental pollution may be eloborate as the contamination of the environment, with harmful wastes arising mainly from human activities. All these activities release certain m
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
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.