Mathematics, 13.12.2021 18:50 fredvales19
A firm has the following fixed proportion production function q = min(k, 2l). a. Find the firms long-run total, average, and marginal cost functions. b. Suppose that k is fixed at 20 in the short run. Calculate the firms short-run total, average, and marginal cost functions. c. Suppose v = 1 and w = 3. Calculate this firms long-run and short-run average and marginal cost curves. Q4. A firm’s production function is given by q = 2z1 + 3z2. Given the input prices, w1 for z1 and w2 for z2. a. Find the input demands z1 and z2 minimizing the cost of producing the level of output q. b. Find the cost function for producing the level q.
Answers: 2
Mathematics, 21.06.2019 18:30
Given the equation f(x)=a(b)x where the initial value is 40 and the growth rate is 20% what is f(4)
Answers: 1
Mathematics, 21.06.2019 19:00
The area of square garden is 300m squared. how long is the diagonal?
Answers: 1
Mathematics, 21.06.2019 22:30
An 18% discount on a watch saved a shopper $72. find the price of the watch before the discount
Answers: 1
Mathematics, 22.06.2019 00:30
An electrician cuts a 136 foot long piece of cable. one piece is 16 feet less than 3 times the length of the other piece. find the length of each piece
Answers: 1
A firm has the following fixed proportion production function q = min(k, 2l). a. Find the firms long...
Computers and Technology, 17.12.2021 01:20
Mathematics, 17.12.2021 01:30
Mathematics, 17.12.2021 01:30
Mathematics, 17.12.2021 01:30
Chemistry, 17.12.2021 01:30
Chemistry, 17.12.2021 01:30
English, 17.12.2021 01:30
History, 17.12.2021 01:30
Engineering, 17.12.2021 01:30
Advanced Placement (AP), 17.12.2021 01:30
History, 17.12.2021 01:30