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Paladinen [302]
3 years ago
12

Do the following functions exhibit increasing, con- stant, or decreasing returns to scale? What happens to the marginal product

of each individual factor as that factor is increased and the other factor held constant?

Business
1 answer:
SIZIF [17.4K]3 years ago
7 0

Answer:

Complete question is:

Do the following functions exhibit increasing, constant, or decreasing returns to scale? What happens to the marginal product of each individual factor as that factor is increased and the other factor held constant?

a. q= 3L+2K

b. q= (2L + 2K)^.5

C. q=3LK^2

d. q=L^.5K^.5

e. q=4L^.5 + 4K

Answer:

See the attached picture

Explanation:

See the attached picture.

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Answer:

Please see balance sheet below.

Explanation:

Wolfpack construction balance sheet.

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Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.40 Direct labor
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Answer:

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Giving the following information:

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