1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
professor190 [17]
3 years ago
13

A manager hires labour and rents capital equipment in a very competitive market. Currently the wage rate is GH¢2 per hour and ca

pital is rented at GH¢5 per hour, the unit price of the product is GH¢0.25 and total cost is 1000. Suppose the firm's production function is as follows: � = 14�*.,�*., + 10 i. What is the amount of labour and capital the firm should employ in order to maximize output? [Hint: Maximise the product function subject to the cost constraint] ii. What is the maximum profit?
Mathematics
1 answer:
Veseljchak [2.6K]3 years ago
8 0

Solution :

It is given that the manager hires a labor and he rents the capital equipment \text{in a very competitive market}.

Presently the rate of the wage is at $ 10 per hour and the capital is been rented at $ 0.25. If the \text{marginal product} of the labor is 50 units of the output per hour and the marginal.

Therefore, the answer is

14 + 10 = 24

You might be interested in
Write three ratios equivalent to this:18 right handed students for every 4 left handed?
kotegsom [21]
18:4,18/4,18 to 4
18/4 equals 4 1/2
3 0
3 years ago
Read 2 more answers
Megan has a pen for her dog. The dimensions of the pen are in meters (m) as shown below.
adoni [48]

Answer:

22 m²

Step-by-step explanation:

  • I think jxxjxjcjnfvnjvchhd
4 0
3 years ago
Read 2 more answers
If there is a 24 foot board cut into 2 pieces and one piece is 4 times longer than the other what are the lengths of each piece
erik [133]
First set up an equation as your approach. I will use the equation x+4x=24 because that way you are saying that something pluse itself times 4 equals 24 which is what you want.

simplify the equation

5x=24

x=24/5

So you know onw piece will be 24/5 of a foot and the ither qould be that times 4 so 96/24 of a foot. In decimals it would be 4.8 and 19.2
3 0
3 years ago
2x^16-32x^4 what is the completely factored form
marysya [2.9K]

Answer:

B

Step-by-step explanation:

~~~2x^{16} - 32x^4\\\\ = 2x^4(x^{12} -16)\\\\=2x^4\left[(x^6)^2 - 4^2 \right]\\\\=2x^4(x^6 -4)(x^6 +4)~~~~~~~~~~~~~~~~~~;[a^2 -b^2 = (a+b)(a-b)]\\\\=2x^4\left[(x^3)^2 - 2^2\right] (x^6 +4)\\\\=2x^4(x^3 -2)(x^3 +2)(x^6 +4)

4 0
2 years ago
1.2, 3, 7.5, 18.75, ...
Svetradugi [14.3K]

Answer:

1.2(2.5)x - 1

Step-by-step explanation:

3 0
2 years ago
Other questions:
  • c. Use the identity for the difference of two squares, , and the imaginary number i to create an identity for the sum of two squ
    13·1 answer
  • A sequence has its first term equal to 4, and each term of the sequence is obtained by adding 2 to the previous term. If f(n) re
    7·1 answer
  • The volume of a cube is found using the formula l3 what is the volume of a cube in cubic feet that is 4/6 of a foot long
    7·1 answer
  • Christian reads 1/4 book every 2/3 week.<br><br> How many books does Christian read per week?
    5·2 answers
  • A. A frog is climbing out of a well that is 8 feet deep. The frog can climb 4 feet per
    13·1 answer
  • Find the slope and Y_intercept of the line 3x+y-9=0​
    8·2 answers
  • What are the values of A, B, and C in the equation –4x – 5y = 8?
    12·2 answers
  • an equation has a slope of -14 and passes through the point, (1,0) what is the slope of the equation of the line when written in
    5·2 answers
  • Rachel has a $23,000 six year loan with APR of 7.25%
    10·1 answer
  • Please help with this question !!
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!