Business, 18.03.2020 20:50 srickie85

5. A Örm uses capital and labor to produce output according to the production function q = 4p KL, for which MPL = 2p K=L and MPK = 2 p L=K. a. If the wage w = $4 and the rental rate of capital r = $1, what is the least expensive way to produce 16 units of output?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 15:20, LittleNerd2852

The systems analysis phase includes three activities – requirements modeling, data and process modeling, and consideration of development strategies. choose two of these activities, explain their differences, and discuss how they are used to accomplish the main objective which is to understand the proposed project.

Answers: 1

continue

Business, 21.06.2019 19:20, rebeccathecatt

Nominal gross domestic producta. is a measure of the overall level of pricesb. measures the value of final goods and services produced within the borders of a given country during a given time period using current pricesc. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing pricesd. only changes when the level of output changes

Answers: 2

continue

Business, 22.06.2019 13:40, moneytt2403

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Answers: 2

continue

Business, 22.06.2019 17:30, brittanyjacob8

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Answers: 3

continue

You know the right answer?

5. A Örm uses capital and labor to produce output according to the production function q = 4p KL, fo...