Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,544 members, 7,958,674 topics. Date: Wednesday, 25 September 2024 at 08:23 PM |
Nairaland Forum / Nairaland / General / Education / Pls Who Can Answer This Economics Question (300 Views)
Please, Help Me Out With This Economics Question... / Please Who Can Solve This Economics Assignment / Please Someone Should Help Me With This Economics Assignment (2) (3) (4)
(1) (Reply)
Pls Who Can Answer This Economics Question by paste007(m): 2:40pm On Aug 28, 2021 |
Given a cost minimizing problem Min b1x1 + b2x2 .............(1) x1,x2 Y = f ( x1x2 ) ................(2) 1. Show and explain that the firm will always make a cost minimization. 2. Prove that the rate of technical Substitution must equal the factor price. |
Re: Pls Who Can Answer This Economics Question by Phiniter(m): 3:05pm On Aug 28, 2021 |
first, find X, then when you finish, find b, after which you look for the value of y... if at this point, you're not satisfied, then you can continue to look for the next alphabet, until you exhaust them... |
(1) (Reply)
Latest Ijmb News And Update From Our Ijmb News Forum / Urgent!!! Pls Help A Frustrated Friend!! / Get Ahead In Your Career With Business Analysis
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |