subject
Business, 27.11.2019 00:31 ThatOneGuy8144

Afirm produces output (y) using two inputs, labor (l) and capital (k), according to the following cobb-douglas production function: y = f(l, k) = l^0.25 k^0.75. assume that =100 and k=50 and suppose that the firm decides to reduce its use of capital and replace those machine hours with some additional labor hours. approximately how many labor hours will the firm need to add for each machine hour it cut in order to maintain the same level of output (i. e., stay on the same isoquant)? give your answer to two decimal places.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:00
Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:
Answers: 3
question
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
question
Business, 22.06.2019 14:20
Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?
Answers: 3
question
Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
You know the right answer?
Afirm produces output (y) using two inputs, labor (l) and capital (k), according to the following co...
Questions
question
Advanced Placement (AP), 02.07.2019 08:50
Questions on the website: 13722363