The production function F(L,K) = 4L + 3K is perfect substitute or linear production technology.
So (B) is correct option.
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e Sampld Action Phone Call Not Working with X Top Hat MyPack Sessic x th Course: ARE 2 x x er M x X ed/ Microsoft AutoUpdate Updates are ready to be installed. How likely are you to recommend Top Hat to your closest friends? 6 7 9 10 2 Very likely Very unlikely Neutral Returns to scale Homework Unanswered Does the production function f(L, K)= L/ K exhibit increasing, decreasing, or constant returns to scale. A Increasing returns to...
1. Consumer’s utility function is: U (X,Y) = 10X + Y. Consumer’s income M is 40 euros, the price per unit of good X (i.e. Px ) is 5 euros and the price per unit of good Y (i.e. Py) is 1 euro. a) What is the marginal utility of good X (MUx) for the consumer? ( Answer: MUx = 10) b) What is the marginal utility of good Y (MUy) for the consumer? ( Answer: MUy = 1) c)...
so i have my c++ code and ive been working on this for hours
but i cant get it to run im not allowed to use arrays. im not sure
how to fix it thank you for the help
our job is to write a menu driven program that can convert to display Morse Code ere is the menu the program should display Menu Alphabet Initials N-Numbers - Punctuations S = User Sentence Q- Quit Enter command the user chooses...
FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the blank Scarcity is the intimited nature of society's resources given society's limited wants 2. A reward is a type of positive incentive. 3. To remove difficulty of double coincidence of wants we use money. 4. An exogenous factor is a variable that can be controlled for inside the model. 5. The PPF will not have a constant slope. 6. The law of demand states...