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Given a firms production function as Q = 5L1/2 - 0.1L and its average revenue function as AR = 768 - 3Q : a) Determine the marginal productivity of labour (MPl).b) At what value of L will the MPl found in a) be equal to zero?c) does the production function exhibit the property of diminishing marginal productivity of labor? d) Determine the marginal revenue productivity of labor (MRPl)e) If the firm employs 100 people, what is the value of:i. Marginal revenue (MR)ii. Marginal productivity of labor (MPl)?iii. Marginal revenue productivity of labor (MRPl)
Discuss which practical application covered in the chapter you think you will use within the next year and how you think studying this topic will help you make wise financial choices in the future.
The natural length of a spring is 10 cm. A force of 25 N stretches it to a length of 20cm. How much work, in units of N-cm, is done in stretching it from a length of 10cm to a length of 15cm?
Find the vertical asymptote of the function f(x) 5x^2 - 4/x+1 show a work and answer. Find the vertical and horizontal asymptotes of the function g(x) =x+7/x^2 - 4
Compare this to the actual value of the derivative and compute the percent error for each approximation
Find the variance for the given data. Round your answer to one more decimal place than the original data.
Finding the elasticity of demand at given quantity and price - Is the price elastic, inelastic, or has unit elasticity
Let f be a function that is differentiable for all real numbers. The table gives the values of f and its derivative f' for selected points x in the closed interval -1.5 0 for -1.5
Pizza Preference Probability Problem, Short Answer. Of 23 college sophomores at Crocodile Community College, 12 preferred pepperoni pizza, 7 preferred supreme, and 4 preferred cheese
Cantor's Diagonal Argument, Here we present Cantor's diagonal argument, which proves that the cardinality of the power set 2^S
Need to provide a real world situation where the slope and intercept have some meaning in reality. The situation needs to describe what the dependent and independent variables are and what the slope and intercept means in terms of the real paramet..
Two forces of 255 N and 325 N act on an object. The angle between the forces is 64 degree. Find the magnitude of the resultant and the angle that it makes with the smaller force.
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