User Account

All Pages

Firm production function

Assignment Help Business Management
Reference no: EM132346140

Suppose that the price per unit of input A is 2 euros, the price per unit of input C is 10 euros and the price per unit of input K is 24 euros. What is the minimum cost of producing 40 units of output y for the firm if the firm's production function is Y = min { A/4 ; 5C } + 2K?

Reference no: EM132346140

Questions Cloud

What amount should maxtor report as research : Salaries $ 350,000 Depreciation on R&D facilities and equipment 190,000 Utilities and other direct costs incurred for the R&D facilities 79,000 Patent filing.
What time does simmons arrive home : Marcus Simmons caught the flu and needed to see the doctor. Simmons called to set up an appointment and was told to come in at 1:00 p.m. Simmons arrived.
How will a change in the exchange rate affect your firm : How will a change in the exchange rate affect your firm? What will happen to your price and quantity?
What do economists mean by diminishing returns to an input : What do economists mean by "diminishing returns" to an input? What causes diminishing returns? Have you ever observed this principle at work in a job you've.
Firm production function : What is the minimum cost of producing 40 units of output y for the firm if the firm's production function is Y = min { A/4 ; 5C } + 2K?
Market demand for australian health care : Suppose that market demand for Australian health care is summarised by the following demand function: Quantity Demanded = 100 - 2*Price
Implemented in the 1996 welfare reform : Explain a dollar-for-dollar phase out of a cash transfer as earned income rises has a negative effect of labor supply relative to a 33 cent per dollar phase out
Record the appropriate journal entry for the capital project : Record the appropriate journal entry for the Capital Projects Fund and for Governmental Activities to show this transfer of money from the General Fund.
Government of ontario issue debts : Why does the government of Ontario issue debts in foreign currency, and what are the advantages and disadvantages of doing so?

Reviews

Write a Review

Business Management Questions & Answers

  What is the monthly mortgage payment for borrower

What is the monthly mortgage payment for the borrower?

  Is business seen as good or bad for the environment

What do you think about this statement? True or False and why?

  Minimum attractive rate of return

Use Present Worth analysis and determine which of the following two machines should be selected based on their incremental cash flows and a minimum attractive rate of return (MARR) of 11% per year. Compute the actual rate of return to within plus ..

  Perspective on statement

Some people may argue that labor unions are no longer needed, as there are enough laws to protect workers. What is your perspective on this statement?

  Marginal rate of substitution

Find the marginal rate of substitution when Maggie consumes all her endowment.

  Develop goals and objectives in order to enhance performance

Integrate management theories and principles into management practices. Employ effective planning processes to develop strategies, goals, and objectives in order to enhance performance and sustainability.

  Patient dna for research without the patient

A company uses patient DNA for research without the patient's knowledge or consent. A nonprofit organization sells fetal tissue for research. Management invites researchers onto a health care research project who do not have the Internal Research Bo..

  Analyze the relationship between business and society

The specific course learning outcomes associated with this assignment are: Analyze the relationship between business and society, and the ways in which they are part of an interactive system. Recommend ways stakeholders can influence the destiny ..

  Opportunity cost of increased leisure or increased income

Discuss and apply this model to your life by describing your forgone leisure or forgone income as your tradeoff for a higher GPA score. A lower grade is the opportunity cost of increased leisure or increased income.

  What do you mean by globalization

What do you mean by globalization? Elaborate the pros and cons of globalization as a whole. Justify your answer with the help of examples.

  Explain the advantages of having well-trained employees

Discuss the advantages of having well-trained employees. Monitoring the effectiveness of the skill performance in the job performance improvement.

  Identify the plaintiff and the defendant

Parties [Identify the plaintiff and the defendant] Facts [Summarize only those facts critical to the outcome of the case]. Include citations and reference.

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