Business, 26.09.2019 23:30 deontehiggins42
Consider the following production function: q equals 8 lk plus 5 upper l squared minus (one third )upper l cubed . given the following expressions for the marginal productivity of each input: mp subscript upper l baseline equals 8 upper k plus 10 upper l minus upper l squared and mp subscript upper k baseline equals 8 upper l assuming capital is plotted on the vertical axis and labor is plotted on the horizointal axis, determine the value of the marginal rate of technical substitution when k = 30 and l = 10. (round your answer up to two decimal places and include the proper sign.)
Answers: 3
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Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?
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Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
Consider the following production function: q equals 8 lk plus 5 upper l squared minus (one third )...
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