How many robots will the firm emply for the year

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Reference no: EM13203661

The robotics corporation produces cuddly toys using only computer driven robots. The quantity of toys (t) produced per year is given by T = 10?r where r is the number of robots used during each year of production If the market price of robotics 2000 the real interest rate is 0.05 and the depreciation rate on robotics is 0.10, what is the firms implicit rental rates for robot use?

A. What is the firms total cost function for production of T?

B. If cuddly toys sell for $60, how many will this firm choose to produce?

C. How many robots will the firm emply for the year ?

Reference no: EM13203661

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