Mathematics, 11.04.2020 01:32 nomood
The Cobb-Douglas production function for a particular product is N(x, y)=40 x^0.8 y^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 $80 and each unit of capital costs $120.
If $1, 200,000 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.
Answers: 2
Mathematics, 21.06.2019 19:30
The total ticket sales for a high school basketball game were $2,260. the ticket price for students were $2.25 less than the adult ticket price. the number of adult tickets sold was 230, and the number of student tickets sold was 180. what was the price of an adult ticket?
Answers: 2
Mathematics, 21.06.2019 20:00
Guys i need ! graded assignment grade 8 checkpoint 2, part 2 answer the questions below. when you are finished, submit this assignment to your teacher by the due date for full credit. total score: of 9 points (score for question 1: of 4 points) 1. the cost of renting a car for a day is $0.50 per mile plus a $15 flat fee. (a) write an equation to represent this relationship. let x be the number of miles driven and y be the total cost for the day. (b) what does the graph of this equation form on a coordinate plane? explain. (c) what is the slope and the y-intercept of the graph of the relationship? explain.
Answers: 1
Mathematics, 21.06.2019 20:00
Afamily has five members. a mom, a dad, two sisters, & a brother. the family lines up single file. what is the probabillity that the mom is at the front of the line
Answers: 1
The Cobb-Douglas production function for a particular product is N(x, y)=40 x^0.8 y^0.2, where x is...
Mathematics, 25.08.2019 23:30
Arts, 25.08.2019 23:30
Mathematics, 25.08.2019 23:30
Geography, 25.08.2019 23:30
Mathematics, 25.08.2019 23:30
Mathematics, 25.08.2019 23:30
Physics, 25.08.2019 23:30
Mathematics, 25.08.2019 23:30
History, 25.08.2019 23:30
Business, 25.08.2019 23:30