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Suppose the production function for widgets is given by q=kl-0.8k^2-0.2l^2 where q represents the annual quantity of widgets produced, k represents annual capital input, and l represents annual labor input.
a) k=10, graph the total and average productivity of labor curves. At what level of labor inputs does this average productivity reach a maximum? How many widgets are produced at that point?
b) Again assuming k=10, graph the MPl curve. At what level of labor inputs does MPl=0?
c) Suppose capital inputs were increased to k=20. How is part a and b change?
Create several new generic movement methods
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Another possibility is to require the user to call an explicit initialization function, which could include suggested initial sizes for arrays. Implement a version that combines the best of both. What is the role of reset in your implementation?
What is the simple payback period for an engineering project that requires $12,000 initial investment, $1,000 additional annual investment
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In addition, the subsidiary can be sold at the end of three years for an estimated €9,150,000
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extract the boundary string from the Content-Type.
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