Reference no: EM137899
Q. 1. Short-term production function: Q = 50L + 6L2 - 0.5L3
a. When the law of diminishing returns does begin to take effect?
b. Calculate the value range of labor throughout phases 1, 2 and 3.
c. Suppose that each worker makes $ 10 an hour and works 40 hours for every week. How many workers we hire if the product price is $ 10. Suppose the price falls to $ 7.50. What would be a short-term impact on the production of the corporation? Illustrate what would be the long term?
2. Suppose the production function of the company is
Q = 7V - 0.5V2
V stands for the number of employees and Q stands for production working 8 hours a day
a. Develop a production plan from 1 to 10 V
b. Calculate the average and marginal products
c. Weekly hours worked are 40 and the product price is $ 5.00
d. Identify the three stages.
|
Financial decision-makers
: Yet many financial decision-makers at some of the most prominent firms in the world continue to use less desirable measures such as the payback.
|
|
Result of nafta
: the shortcomings of NAFTA for the last 20 years including what each country has lost as a result of NAFTA.
|
|
Encouraging foreign carmakers
: Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia.
|
|
What is her speed when the spring''s length is 1, 2 m
: A standardized biological microscope has an 8.0--focal-length objective. What focal-length eyepiece should be used to achieve a total magnification of.
|
|
Short-term impact on the production
: What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
|
|
What is the earths velocity after the collision
: Eight identical, non-interacting particles are placed in a cubical box of sides L = 0.2 nm. Find the lowest energy of the system (in electron volts) and list the quantum numbers of all occupied states if (a) particles are electrons and (b) particles..
|
|
Real interest rate
: What can you say about the level of the real interest rate if people instead are risk averse.
|
|
What are the maximum values of the electric
: Suppose the gravitational force between two massive spheres is 100 N. If the distance between the spheres is doubled, what is the force between the masses.
|
|
Autonomous expenditure and induced
: Find the autonomous expenditure and induced expenditure in this economy.
|