Mathematics, 18.07.2019 22:30, lauren21bunch
The cobb-douglas production function for a particular product is n(x, y) = 40x^0.8y^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 $40 and each unit of capital costs $100. if $500,000 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: 1
Mathematics, 21.06.2019 14:00, elijahjacksonrp6z2o7
If x = 12 and y = 3, what is the value of x - y 2? 81 6 3 18
Answers: 1
Mathematics, 22.06.2019 04:40, anonymousanon
Which of the following is a function? click on the graph until the correct graph appears.
Answers: 1
The cobb-douglas production function for a particular product is n(x, y) = 40x^0.8y^0.2, where x is...
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