subject
Mathematics, 18.07.2019 22:30 lauren21bunch

The cobb-douglas production function for a particular product is n(x, y) = 40x^0.8y^0.2, where x is the number of units of labor and y is the number of units of capital required to produce n(x, y) units of the product. each unit of labor costs $40 and each unit of capital costs $100. if $500,000 is budgeted for production of the product, determine how that amount should be allocated to maximize production. production will be maximized when using units of labor and units of capital.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
What is the equation of the line in point-slope form? y+ 4 = 1/2(x+4) y-4 = 1/2(x + 4) y-0 = 2(x - 4) y-4 = 2(8-0)
Answers: 2
question
Mathematics, 21.06.2019 21:00
An airplane travels at an unknown elevation before it descends 3 miles to an elevation of 15 miles. find the elevation of the plane before its descen.
Answers: 1
question
Mathematics, 21.06.2019 22:30
3. a sum of $2700 is to be given in the form of 63 prizes. if the prize is of either $100 or $25, find the number of prizes of each type.
Answers: 1
question
Mathematics, 21.06.2019 23:00
Ineed to know the ordered pairs for this equation i need the answer quick because it’s a timed test
Answers: 1
You know the right answer?
The cobb-douglas production function for a particular product is n(x, y) = 40x^0.8y^0.2, where x is...
Questions
question
Mathematics, 07.01.2021 01:40
question
Mathematics, 07.01.2021 01:40
question
History, 07.01.2021 01:40
Questions on the website: 13722360