Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider the following production function : Q = 10L2K, where Q is the amount of production,L is the amount of Labor and K is the amount of Capital.
a. Does this production function exhibit the law of diminishing returns? Explain.
b. Does this production function exhibit diminishing return to scale ? Explain.
c. If the price of labor is 1 dollar per unit and the price of capital is 5 dollars per unit, how much labor and capital should this firm optimally hire ?
Hint 1: Total budget is 150,000 dollars
Hint 2: Marginal product of labor is 20LK.
Hint 3: Marginal product of capital is 10L2.
What type of responsibility center is Promotion and Advertising Department? How is the department currently being evaluated? What are the significant elements on which the department should be evaluated?
The goal of this assignment is to progress as a questioner and, therefore, as a thinker. For this assignment, select an important problem
Apple's Mac OS is a major competitor for Microsoft Windows, and many people feel very strongly about choosing one over the other.
What type of power is the charismatic leader and the transformational leader most likely to be associated with? What does diversity mean in the context of each?
Compare another developed nation's model of healthcare to the model used in the United States.
Locate an article describing a collective bargaining situation that has arisen within the past two years. This article must be from a newspaper, an academic journal, or a credible online news source. a. Using APA guidelines, state the proper citat..
Garnishment is a collection remedy directed at a debtor's property or rights held by a third person (typically, an employer or a bank). Garnishment occurs when a creditor obtains a court order to collect a debt by seizing property of the debt..
Compute MAD and MAPE for management's technique. - Do management's results outperform (i.e., have smaller MAD and MAPE than) a naive forecast? - Which forecast do you recommend, based on lower forecast error?
What is the multifactor productivity ratio for the diagnostic department? What does this mean? If the average lab worker spends three hours for each patient, what is the labor productivity ratio? What does this finding means?
The Carson Stapler Manufacturing Company forecasts a 5000-unit demand for its Sure-Hold model during the next quarter.
Consider a free market with demand equal to Q = 1,200 - 10P and supply equal to Q = 20P What is the value of consumer surplus? What is the value of producer surplus?
Why do you think access to care is such a problem with respect to managed care of Medicare/Medicaid beneficiaries - what could current plans in healthcare do to change this?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd