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| Help Me Solve This Question Oooooo by y4code(m): 2:47pm On May 20, 2017 |
1. Find the level of capital that will maximize Output given the production function and constraint below: Max Q = 30L + 44K - 2LK; subject to 3L + 6K = 90 * 5 points a.. 12 b.. 9.5 c.. 11 d.. 8.5 2. Find the level of labour that will maximize Output given the production function and constraint below: Max Q = 6K + 20L - 0.025 K squared - 0.05 L squared; subject to 3K + 8L= 1140 * The K beside 0.025 only is raised to the power of 2 while L beside 0.05 only is raised to the power of 2 5 points a.. 283.13 b.. 292.31 c.. 198.32 d.. 189.23 3. Find the level of capital that will maximize Output given the production function and constraint below: Q = K raised to 0.3, L raised to 0.5; 6K + 2L = 384 * 10 points a. 24 b. 20 c. 100 d. 120 4. Find the level of labour that will maximize Output given the production function and constraint below: Q = 10 K raised to 0.75, L raised to 0.25; 8K + 5L = 40 * 10 points a. 6.75 b. 3.75 c. 2 d. 4 5. Find the level of capital that will maximize Output given the production function and constraint below: Q = 6 K raised to 0.4, L raised to 0.5; 32K + 28L = 36000 * 10 points a. 300 b. 500 c. 2500 d. 800 6. Find the maximum level of Output given the production function and constraint below: Q = 10 K raised to 0.7, L raised to 0.1; 28K + 10L = 4000 * 10 points a. 400 b. 434 c. 300 d. 350 PLEASE HELP ME SOLVE THESE QUESTION THESE ARE QUESTIONS UNDER PRODUCTION FUNCTION |
| Re: Help Me Solve This Question Oooooo by Xlyad(m): 9:19am On May 21, 2017 |
Check if NO 2 is correct .Here you have it.
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| Re: Help Me Solve This Question Oooooo by Xlyad(m): 10:38am On May 21, 2017 |
Next
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| Re: Help Me Solve This Question Oooooo by Xlyad(m): 11:00am On May 21, 2017 |
Finally,
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| Re: Help Me Solve This Question Oooooo by y4code(m): 11:44pm On May 22, 2017 |
thanks bro you confirm |
| Re: Help Me Solve This Question Oooooo by Xlyad(m): 7:44am On May 23, 2017 |
I am glad it helped. |
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