sggg936 sggg936

14-05-2023
Business

contestada

The production function is F(L, K) = L^(1/2) K^(1/2). In the short-run, the firm sells its output at a price of $10 per unit, and can hire labor at a wage of $5 per unit. Capital is fixed at 25 units. The amount of labor that minimizes costs is:
a. L=1
b. L=2
c. L-10
d. None is correct

Respuesta :

Otras preguntas

plz! help! how would you find the length of the chords?

A rug maker is using a pattern that is a rectangle with a length of 96 inches and a width of 60 inches. The rug maker wants to increase each dimension by a diff

why is the united states considered a democracy?

what is a credit report?

define possessive pronoun

name a line that contains point A

How are the three plastids different from one another?

the new jersey plan was similar to the articles of confederation in that (points : 1) it contained a strong executive. it provided that each state would have on

Risky decision making occurs when an individual makes a decision __________. A. among preferences B. under uncertain conditions C. based on a known ou

What is a complex sentence ?A. Eileen bought pants but not a new jacket. B. As I expected, she showed up late. C. Mark wanted blueberry pie and vanilla ice