Business, 07.11.2019 06:31 mileskamron979
The production function for the personal computers of disk, inc., is given by : q = 10k^(0.5)l^(0.5) where q is the number of computers produced per day, k is hours of machine time, and l is hours of labor input. disk's competitor, floppy, inc., is using the production function: q = 10k^(0.6)l^(0.4) a. if both companies use the same amounts of capital and labor, which firm will generate more output? b. assume that capital is limited to 9 machine hours, but labor is unlimited in supply. in which company is the marginal product of labor greater? explain.
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The production function for the personal computers of disk, inc., is given by : q = 10k^(0.5)l^(0.5...
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