Illustrate what is the mrts

Assignment Help Business Economics

Reference no: EM1360694

Online production function is lnQ = 7.73 + 0.75lnK + lnL

a) Convert the production function into its normal form.

b) What is the MRTS, if price of labour is $120 and the price of capital is $200?

Reference no: EM1360694

Questions Cloud

Computation of net income : Fred Gowen opened Gowen Retail Sales as a sole proprietorship and recorded the following transactions during his 1st month in business:

Explain russo believes that given the current market : Explain Russo believes that given the current market and business conditions, the bond's required rate of return is 10 percent.

Conceptualization in the field of psychology : A brief explanation of the different ways in which mental health and mental illness may be conceptualized in the field of psychology.

Writing memos : The company wants to communicate with its stakeholders through a memo before major news channels start to cover the disease.

Illustrate what is the mrts : Convert the production function into its normal form. Illustrate what is the MRTS, if price of labour is $120 and the price of capital is $200?

What is the electric potential energy of particle : what is the electric potential energy of this particle. what is its speed just before it strikes the positive plate.

Presume that you plan to buy a share of the gemini stock : Presume that you plan to buy a share of the Gemini stock today and to hold it for 3 years and Your expectations are that you will receive a dividend at the end of each of the next 3 years

Financial analysis multiple choice question : When Tri-C Corporation compares its ratios to industry averages, it has a higher current ratio, an average quick ratio, and a low inventory turnover. Determine what might you assume about Tri-C?

Expected time to find all users passwords : Assume that eight more characters were added to the password and that the DES algorithm was changed so as to use all 16 password characters. What would be the expected time to find all users' passwords using a dictionary attack?

User Account

All Pages