Suppose that the production function for iphones is q = 20k^0.5l^0.5 . the marginal product of labor is 10(k/l )^0.5 , and the marginal product of capital is 10(l/k )^0.5. a. suppose that labor can be hired for $6, and capital can be hired for $9. when the firm is producing 49 units at lowest cost, what will the firm’s marginal rate of technical substitution be? b. solve for the lowest-cost combination of labor and capital that will allow the firm to produce 49 iphones. c. what is the minimum cost of producing 49 iphones? d. suppose that the firm has exactly $300 to spend on producing iphones. what is the maximum number of iphones it can produce?

marketing strategies should be established before marketing objectives are decided. t/f

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.