Business, 22.11.2019 04:31 chrisraptorofficial

The production function for the personal computers of disk, inc., is given by q equals 10 upper k superscript 0.5 baseline upper l superscript 0.5 where q is the number of computers produced per day, k is hours of machine time, and l is hours of labor input. disk's competitor, floppy, inc., is using the production function q equals 10 upper k superscript 0.6 baseline upper l superscript 0.4 . if both companies use the same amounts of capital and labor and upper k equals upper l , which firm will generate more output? the output of floppy = disk . assume that capital is limited to 9 machine hours, but labor is unlimited in supply. in which company is the marginal product of labor greater? explain. a. disk has the greater marginal product of labor when labor is greater than 1. b. floppy has the greater marginal product of labor. c. floppy has the greater marginal product of labor when labor is greater than 1. d. disk has the greater marginal product of labor.

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The production function for the personal computers of disk, inc., is given by q equals 10 upper k su...