Business, 15.04.2020 04:22 tasniahussain21
The Cobb-Douglas production function for a beer manufacturer is q=1.52L0.6K0.4. Assume that the firm's capital is fixed at 250 units, the rental rate of capital is $5 per unit, and the wage rate is $10 per hour. The amount of labor needed to produce q units of output is Question 38 options: A) 13.832q1.67. B) 13.832q0.6. C) 0.0124q1.67. D) 0.0124q.
Answers: 2
Business, 23.06.2019 08:20, vhuyrtyy
You are a newspaper publisher. you are in the middle of a one-year rental contract for your factory that requires you to pay $500,000 per month, and you have contractual labor obligations of $1 million per month that you can't get out of. you also have a marginal printing cost of $.25 per paper as well as a marginal delivery cost of $.10 per paper. if sales fall by 20 percent from 1 million papers per month to 800,000 papers per month, what happens to the afc per paper?
Answers: 2
Business, 24.06.2019 05:30, andrejr0330jr
Phoebe wants to apply for a job in a multinational corporation (mnc). from her research, she knows that the company values physical fitness and competitive spirit. where on her resume do you think she can add her swimming achievements?
Answers: 2
The Cobb-Douglas production function for a beer manufacturer is q=1.52L0.6K0.4. Assume that the firm...
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