RoyalFox6428 RoyalFox6428
  • 27-05-2023
  • Business
contestada

The production function is y = LaK¹/aK¹¹/a and (p = $10,w = $20, r = $15).
(i) Show whether the production exhibits DRS or CRS or IRS.
(ii) Obtain the Marginal Rate of Technical Substitution (MRTS).
(iii) Find (Lº, Kº) to minimize the cost in producing given output, y=100.

Respuesta :

Otras preguntas

Factor the expression. x2 - 22x + 40
how do you solve 6/b-1=9/7
One side of a triangle has length 8 and a second side has length 5. Which of the following could be the area of the triangle? I 24 II 20 III 5
Compute without using a calculator. 2 sin 765◦ + tan 1485◦ cot 135◦
a baseball team played 35 games and won 4\5 of them how many games were lost
a homozygous dominant brown mouse is crossed with a heterozygous mouse tan is the recessive color
Compute without using a calculator. 2 sin 765◦ + tan 1485◦ cot 135◦
How many pi bonds are in the molecule 2-butyne, CH₃C≡CCH₃? a. 1 b. 2 c. 4 d. 6 e. 10
A building measuring 90m by60m is to be built. A paved area of uniform will surround the building. The area is to have an are of 9000 metres squared. How wide
If A+ B = 76 A-b = 38 A ÷ B =?