Business, 25.03.2020 00:02 umezinwachukwuebuka1
Suppose in the short run a firm’s production function is given by Q = L 1 2 K 1 2 and that K is fixed at K = 10. If the price of Labor, w = $15 per unit of Labor, what is the firm’s marginal cost of production when the firm is producing 50 units of output?
Answers: 1
![( 15 * (\frac{Q}{3.162} )^{2} ) + [ P_{k * 10}]](/tpl/images/0561/9763/bdcdb.png)
= 
= 33.33
Other questions on the subject: Business
Business, 21.06.2019 16:00, keananashville
The proliferation of bittorrent and other file sharing media have threatened the copyright system. based on an understanding of incentives and opportunity cost, how are the decisions of musicians likely impacted?
Answers: 2
Business, 21.06.2019 17:50, caitlinhardin8553
Which of the following best explains why a large company can undersell small retailers? a. large companies can offer workers lower wages because they provide more jobs. b. large companies can pay their employees less because they do unskilled jobs. c. large companies can negotiate better prices with wholesalers. d. large companies have fewer expenses associated with overhead.
Answers: 1
Business, 22.06.2019 02:50, smariedegray
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
You know the right answer?
Suppose in the short run a firm’s production function is given by Q = L 1 2 K 1 2 and that K is fixe...
Questions in other subjects:
Mathematics, 02.12.2019 07:31
History, 02.12.2019 07:31
History, 02.12.2019 07:31
Social Studies, 02.12.2019 07:31
