User Account

All Pages

Computing the average product of labor

Assignment Help Macroeconomics
Reference no: EM131160011

Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the marginal product of labor, MPL?

Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the average product of labor, APL?

Reference no: EM131160011

Questions Cloud

Make americans oblivious to the failures of capitalism : Pat Oliphant's cartoon on the fall of the Berlin Wall cautioned that the euphoria should not make Americans oblivious to the failures of capitalism. Is there any truth behind his point of view?
How will these demands be weighted as compared to individual : How will these demands be weighted as compared to individual consumers' demands? Again, be sure to cite research that supports your statements.
Provide an annual rate of return : At the beginning of the year Jamie has $100 to invest. He has two options. The safe investment will provide an annual rate of return of 20% for sure. The risky option will provide an annual rate of return of either 0% or 42%, and these two possibi..
The federal reserve to control the money supply : Financial Institutions have traditionally acted as Financial Intermediaries, accepting deposits and making loans, and the Federal Reserve has a relatively “easy” task of regulating their behavior. What are the primary, traditional, three mechanisms u..
Computing the average product of labor : Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the average product of labor, APL?
Explain the stakeholders affected by the gap or gaps : Identify the stakeholders affected by the gap or gaps. Propose an action plan to help bridge the gap or gaps and improve the company's relationship with its stakeholders. Discuss the checks and balances that are required and why.
Federal reserve monetary policy shifts aggregate demand : Select at least one transmission mechanism by which Federal Reserve Monetary Policy shifts Aggregate Demand. Use an example to show how they can attempt to achieve a desired outcome.
Which best describes br chicken value proposition : You are the marketing research director of a medium-sized manufacturing firm and you would like to engage an outside marketing research firm to conduct field interviews. Which of the following categories of marketing research firms should you use?
Determining the short-run total product : Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the short-run total product?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Determine equilibrium level of output

Assume that a company has a budget of $12,000, that the wage rate is $10 per hour, and that the rental rate of capital is $ 100 per hour.

  You are cultivating a strain of e coli for research and

you are cultivating a strain of e. coli for research and inoculate a flask of rich media with 50 cells. assuming an

  International business-economic view point

The requirement is:- term paper on International Business from economic view point. The topic is effect of corruption on Chinese and Indian economy and how India's IT sector.

  Discuss two advantages of international trade

Present and discuss two advantages of international trade and two disadvantages of international trade - Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audie..

  Find error in total net income

Describe why the understatement of inventory by 66,000 at then end of 2004 results in an understatement of equity by same amount in that year.

  Three natural resources as well as products that could

Three natural resources as well as products that could be traded abroad based on the principles of comparative advantage for India.

  Draw the production possibilities curve

a.) Draw the Production Possibilities Curve. b.) Determine the opportunity costs for a move from A to B; B to C; and C to D.

  Illustrate rate of growth in fuel costs justifies going

Illustrate rate of growth in fuel costs justifies going ahead with the insulation plan? Make sure that the rate of growth and the discount rate are aligned in terms of periodss.

  Encouraging economic growth and efficiency

Does too much of recent government regulation have the goal of behavioral change versus encouraging economic growth and efficiency?

  What is the current state of the us economy

What is the current state of the US economy? What are some of the major factors contributing to the current state of the economy? Cite key relevant statistics and economic indicators.

  Elucidate how globalization affects the gross domestic

Elucidate how globalization affects the gross domestic product (GDP). Explain your thoughts on globalization in your own words.

  The corruption perceptions index cpi is a comparative

the corruption perceptions index cpi is a comparative assessment of a countrys integrity performance along with related

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd