A U. S. electronics firm is considering moving its production abroad. Its production function is​ q= L^0.8K^0.2 (based on​ Hsieh, 1995), so its MPL= 0.8^0.2/ L^0.2 and its MPK=0.2L^0.8/ K^0.8.

In the United​ States, w​= 8$ and r=2. In​ Mexico, the wage is 20​% lower than in the United States but the firm faces the same cost of​ capital: ​w*= $6.40 and ​r*=2. What are L and K and what is the cost of producing q=100 units in both​ countries? In the​ U. S., L isnothing:

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You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)

Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.