subject
Business, 15.08.2020 18:01 robert7248

A firm producing Frisbees has a production function given by: q = 2√K√L. In the short run, the firm's amount of capital equipment is fixed at K=25. The rental rate for K is r=$1, and the wage rate for L is w=$5. Given this, the firm's short-run marginal cost function is given by:

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:40
The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false
Answers: 3
question
Business, 22.06.2019 11:00
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
Answers: 3
question
Business, 22.06.2019 12:50
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
Answers: 1
question
Business, 22.06.2019 22:00
Acontinental polar air mass foms where
Answers: 1
You know the right answer?
A firm producing Frisbees has a production function given by: q = 2√K√L. In the short run, the firm'...
Questions
question
Mathematics, 11.03.2021 05:20
Questions on the website: 13722363