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zhenek [66]
3 years ago
13

Consider the production function Q = f(L,K) = 10KL / K+L. The marginal products of labor and capital for this function are given

by?
MPL = 10K^2 / (K +L)^2, MPK = 10L^2 / (K +L)^2.
(a) In the short run, assume that capital is fixed at K = 4. What is the production function for the firm (quantity as a function of labor only)? What are the average and marginal products of labor? Draw APL and MPL on one graph.
(b) What is the marginal rate of technical substitution for this technology?
(c) Are the returns to scale of this production function increasing, decreasing or constant? Explain.
Business
1 answer:
Hunter-Best [27]3 years ago
3 0

Answer:

ANSWER IS BELOW :)

Explanation:

Tbh im not sure, but I think its 10(5)+65

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An online recruiting website offers business customers up to 25 job postings per year costing $75 each. If a company posted 15 j
DaniilM [7]

Answer:

$1,035

Explanation:

Each job costs $75

Job posted 15 jobs

Total  income = $1,125. ($75X$15)

8% sales tax =$90 (0.08 x $ 1, 125)

                 

Total cost= $ 1,123- $90

                  =$1,035

4 0
3 years ago
A 10% decrease in the price of gas grills leads to a 15% increase in the demand for flank steaks. The cross-price elasticity of
Licemer1 [7]

Answer:

B) -1.5

Explanation:

Cross-price elasticity of demand is calculated by dividing the percentage change in quantity demanded of good A by the percentage change in price of good B.

cross-price elasticity of demand = change in demand of flank steaks / change in price of gas grills = 15% / -10% = -1.5

3 0
4 years ago
Read 2 more answers
calculating present values you need $85,000 in 10 years. if you can earn .65 percent per month, how much will you have to deposi
scoray [572]

Answer:

The correct answer is $39,062.98.

Explanation:

According to the scenario, the given data are as follows:

Future value (FV) = $85,000

Time period (t) = 12 months × 10 years = 120 months

Interest rate (r) = 0.65% per month

So, we can calculate the present value by using following formula:

Present value = Future Value ( 1 / (1+r))^t

= 85000 × (1 / (1+0.65%))^120

= $39,062.98

Hence the present value that has to be deposit today is $39,062.98

3 0
4 years ago
Create your own WBS is for a project by using the mind-mapping approach. Break at least two level two items down to level four.
bonufazy [111]
Experienced project managers know that many things can go wrong in projects, regardless of how successfully the work is planned and executed. Component or full-project failures, when they do occur, can often be traced to a poorly developed or nonexistent WBS. A poorly constructed WBS can result in adverse project outcomes including ongoing, repeated project re-plans and extensions, unclear work assignments, scope creep or unmanageable, frequently changing scope, budget overrun, missed deadlines, and unusable new products or delivered features.

The WBS is a foundational building block to initiating, planning, executing, and monitoring and controlling processes that are used to manage projects as they are described in the PMBOK® Guide—Third Edition (PMI, 2004). Typical examples of the contribution that the WBS makes to other processes are described and elaborated in the Practice Standard for Work Breakdown Structures–Second Edition (PMI, 2006).

6 0
3 years ago
Suppose two projects have the same expected business value. Project A has a very high estimated business value along with a high
never [62]

Answer:

Project B has a much lower estimated business value along with a low probability of failure.

Explanation:

  • In order to do only one type of project that has the same business values. I would choose a project that has a low probability of failure.
  • Though it has a low value but in the long run will lead to economic profit and shareholders value. For selection, we need to find out the benefits gained by the project.
7 0
3 years ago
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