Q= 0.2L^2
Q(tL) = 0.2(tL)^2 = (t)^2 * 0.2(L)^2 =(t)^2*Q
Since t is raised to the power 2>1, the firm experiences increasing returns to scale.
Started: Nov 4 at 2:30pm Quiz Instructions 1 pts Question 6 For the production function Q...
Question 6 1 pts For the production function Q = 0.2L? returns to scale is: Zero Return to Scale Decreasing Returns to Scale Increasing Returns to Scale Constant Returns to Scale Previous Next >
kam #2 (Fall 2019) rted: Nov 4 at 2:30pm quiz Instructions Question 16 1 pts TC = 200 + 40Q + 2Q What is the average fixed cost when 5 units are produced? Enter as a value.
Question 6 For the production function Q = 3L2 + K2, returns to scale: Is constant. Is increasing Can be increasing, decreasing, or constant depending on the values of Land K. is decreasing
Started: Jan 20 at 10:30pm Quiz Instructions You have one minute per question. Question2 4 pts The term hidradenitis is defined as C inflammation of a sweat gland. C an abnormal condition of a hidden nail. inflammation of the skin. C a diseased state of a gland. Next Not saved Submit Quiz Questions
Help 7.16 Started: Mar 13 at 11:30pm Quiz Instructions Question 1 1 pts Alarge flat plate is subjected to constant-amplitude uniaxial cyclic tensile stresses of a maximum stress of 102 and a minimum stress of 24 MPa. If before testing the largest surface crack is 0.61 mm and the plain-strain fracture toughness of the plate is 31.6 MPa m1/2 estimate the fatigue life of the plate in cycles to failure. For the plate, m - 4.2 and A = 5.0...
Nov 4 at 2:30pm Instructions Question 10 1 pts Teacher A is more effective than Teacher B. Both teachers become less effective the larger their class becomes. Both teachers are paid the same salary. True or false: the optimal allocation of 120 students is 60 for Teacher A and 60 for Teacher True • False
Question 9 1 pts Suppose the production of Blu-ray players can be represented by the following production function: q = 10.5 K0.5 Which of the following statements is TRUE? The production function has decreasing returns to scale. The production function has increasing returns to scale. The production function has constant returns to scale. Returns to scale vary with the level of output.
10. Te 09 QA Quiz Started: Mar 31 at 4:30pm Quiz Instructions tub mis liq Dis Yo hay Open book and notebook. Not open person. Analyze 11. Add solu Question 6 2 pts the 12. Stir Balance the half-reaction for H2O2 as the reducing agent in #11. and 13. Was a H2O2 (aq) ----- bO2(g) + CH* (aq) + de Cen 14. Add a-1, b=2,c-2, d-2 acid in T. a=1, b=1,c=2, d=2 Test mord a=1, b=1.c=1.d-1 15. Add solut occa:...
Let the production function be as follow: 2. L0.7 K.3 q(L, K) Also assume w 2 and r=4 Find out if we have increasing, decreasing or constant return to scale. a. Derive the long-run cost function. TC(q) b. Derive the average cost curve. Is it increasing or decreasing or constant in q? С. Let the production function be as follow: 3. q(L, K) LK3 Also assume w-4 and r=3 Find out if we have increasing, decreasing or constant return to...
If I told you the production function that generated the isoquants is Q = 21.5L0.35 K0.5, is your answer to question 18 dependent on whether Q is a small number or a large number? The three isoquants in the graph below refer to production levels of 100 (red), 200 (green), and 255 (blue). As long as the quantity of capital (K) and labor (L) used in the production process lies on the line a, whenever is tripled K is also...