Qassume the production function of the company isq 7v -

Assignment Help Business Economics
Reference no: EM13354510

Q. Assume the production function of the company is:
Q = 7V - 0.5V2
Where Q is the production and V is the number of employees working 8 hours a day

a. Develop a production plan from 1 to 10 V

b. Compute the average and marginal products

c. Weekly hours worked are 40 and the product price is $ 5.00

d. Classify the three stages.

Reference no: EM13354510

Questions Cloud

Q1 assume demand take the form q 36p-1a show that the : q1. assume demand take the form q 36p-1.a. show that the price elasticity of demand is constant and equal to -1.b.
Q1 if a thunder clap comes 14 s after the lightning strike : q1. if a thunder clap comes 1.4 s after the lightning strike how far away is the strike? calculating the wavelength and
Qassume the following data describe the gasoline : q.assume the following data describe the gasoline marketprice per gallon 2.00 2.25 2.50 2.75 3.00 3.25 3.50quantity
Q1 a rifle with a barrel length of 60 cm fires a 12 g : q1. a rifle with a barrel length of 60 cm fires a 12 g bullet with a horizontal speed of 360 ms. the bullet strikes a
Qassume the production function of the company isq 7v - : q.assume the production function of the company isq 7v - 0.5v2where q is the production and v is the number of
Q1 a 247 kg steel ball strikes a massive wall at 117 ms at : q1. a 2.47 kg steel ball strikes a massive wall at 11.7 ms at an angle of alpha 67.2deg with the plane of the wall. it
Qa company has the production function in the short termq : q. a company has the production function in the short termq 50l 6l2 - 0.5l3where q weekly productionl labor number
Q in 1999 mercedes- benz usa assumes a new pricing policy : q. in 1999 mercedes- benz usa assumes a new pricing policy which it called nfp negotiation- free process that sought to
Q1 a beam of 6 mev electrons passes through a 400 : q1. a beam of 6 mev electrons passes through a 400 micro-meter thick silicon detector. estimate the energy lost by the

Reviews

Write a Review

Business Economics Questions & Answers

  What sort of relationship would you expect to see

What sort of relationship would you expect to see between the price of bonds and the interest rate?

  Explicates which influences the marginal benefits

Explicates which influences the marginal benefits also marginal costs associated with the decision to purchase a house.

  Assuming the industry is a cournot duopoly

Illustrate what will be the price of this new drink in the long run, assuming the industry is a Cournot duopoly.

  Josephs income increase to compensate

Elucidate how much should Joseph's income increase to compensate for the rise in the prices of roses.

  Domestic employment disagreement

The 2 firms form a cartel & arrange to split total industry profits equally. Under this cartel arrangement, they will maximize joint profits.

  How has the world wide web supported the businesses

1). List three businesses that can exist today, because of the World Wide Web that could not have existed before the advent of this technological communication system. 2). How has the World Wide Web supported the establishment and functioning of th..

  Find out the optimal crude oil allocation in the preceding

Find out the optimal crude oil allocation in the preceding example if the profit associated with fiber were cut in half, that is, fell to $.375 per square foot.

  Q 1 the contracting and organizations research institute at

q. 1 the contracting and organizations research institute at the university of missouri maintain lots of interesting

  Illustrat what are the advantages of using capital

Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".

  What can we infer about the marginal propensity to consume

If the IS curve does not shift when autonomous consumption increases by $100 MM and autonomous taxes increase by $200 MM, what can we infer about the marginal propensity to consume?

  What money supply should the fed

Illustrate what money supply should the Fed set in yr 2009 if it wants to keep the price level stable?

  Slope of the budget constraint

Be sure to label your graph carefully as well as accurately. What is the slope of the budget constraint.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd