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A. Draw an isoquant curve and briefly describe what the curve represents. Label X2 input on the vertical axis and X1 on the horizontal axis.
B. Draw an isocost curve with a budget of $4,000. The cost of input factor X1 is $200 per unit and the cost of input factor X2 is $400 per unit. Label X2 input on the vertical axis.
C. How would your isocost curve change (in Question B) if the budget shifted to $2,000 and input costs remain constant? Label X2 input on the vertical axis.
D. Draw and briefly describe the conditions when the marginal rate of technical substitution (MRTS) equals the slope of the isocost curve. Label X2 input on the vertical axis.
A dilation has a scale factor of 1/4. What term best describes this type of dilation?
Find the percent of change in altitude if a weather balloon moves from 100 ft to 103 ft. Describe the percent of change as an increase or decrease. Round to the nearest tenth if necessary.
Assume the distribution of scores in question 1 was transformed such that it would have a mean of 100 and a standard deviation of 10. What would be the transformed values of the three scores listed in question 1?
Show that these topologies are the same and What is the resulting space and identify the familiar quotient space given by this relation and then show precisely that the quotient topology on this space is the same as the usual one.
During a chemical reaction,the temperature in the beaker decreased every minute by the same number of degrees. The temperature was 16°C at 11:08 A.M. By 11:43 A.M., the temperature had dropped to-17°C. By how many degrees did it drop each minute?
Crystals tomato plant was 32.65 centimeters tall in june. During july, the plant grew 82.6 centimeters. How tall was Crystals tomato plant at the end of july?
What is the k value for this cord? You may neglect the mass of the cord itself. Compute the derivative of the expression you found in Problem 4 and solve for the value of t where it is zero.
Among the professionals you have interviewed for your article, were several state and federal government spokespersons who use linear equations in a variety of ways.
Explain Probability of birthdays. Are your best friends' birthdays dependent or independent events?
Description of different products and visualisation of outcome is at page 13. Variables - e.g. used interest rate, investment performance, inflation, life expectancy should be changeable.
A wooden artifact contains 65% of the Carbon-14 that is present in living trees. How long ago was the artifact made?(the half-life of Carbon-14 is 5730 years.)
From the top of a 295 ft lighthouse, the angle of depression to a ship in the ocean is 23°. How far is the ship from the base of the lighthouse? Round your answer to the nearest foot.
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