Physics, 13.11.2019 01:31 joejoefofana

This problem has been solved! see the answer earl sells lemonade in a competitive market on a busy street corner in tampa. his production function is f(k, l)=k1/4l1/4 (mpl=1/4l-3/4k1/4 and mpk=1/4l1/4k-3/4), where output is measured in gallons, k is the number of pounds of lemons he uses, and l is the number of hours spent squeezing them. lemons cost $1 per pound and the wage rate $1 per hour. b. find earl's marginal cost function. find earl's supply function. c. if the price of lemonade is $3 per gallon. how many gallons of lemonade will earl produce? d) if the price of lemonade is $12 per gallon. how many gallons of lemonade will earl produce?

Answers: 3

Show answers

Another question on Physics

Physics, 22.06.2019 02:10

Explain the consequences of this addiction to the brain tissue

Answers: 1

Answer

Physics, 22.06.2019 06:30

Air initially at 0.75 bar, 1000 k, and occupying a volume of 0.12 m^3 undergoes two processes. process 1-2: the air is compressed isothermally until the volume is halved. process 2-3: the air undergoes a constant pressure process until the volume is halved again. assume ideal gas behavior. a) determine the mass of the air, in kg. b) the work and the heat transfer for each of the two processes, in kj. (100 kj = 1 bar . m^3)

Answers: 1

Answer

Physics, 22.06.2019 09:40

When you jump from an elevated position you usually bend your knees upon reaching the ground. by doing this, you make the time of the impact about 10 times as great as for a stiff-legged landing. in this way the average force your body experiences is a) less than 1/10 as great. b) more than 1/10 as great. c) about 1/10 as great.d) about 10 times as great.

Answers: 1

Answer

Physics, 22.06.2019 18:30

Asmall grinding wheel has a moment of inertia of 4.0×10−5 kg⋅m2 . what net torque must be applied to the wheel for its angular acceleration to be 150 rad/s2 ?

Answers: 3

Answer

You know the right answer?

This problem has been solved! see the answer earl sells lemonade in a competitive market on a busy...

Questions