Find and interpret the marginal productivity of the number of acres of the crop (y) when x

Question:

Find and interpret the marginal productivity of the number of acres of the crop (y) when x = 300 and y = 500.
Suppose that the number of crates of an agricultural product is given by z

where x is the number of hours of labor and y is the number of acres of the crop.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 07:41 AM

See More Questions

Find and interpret the marginal productivity of the number of hours of labor (x) when x = 300 and y = 500. Suppose that the number of crates of an agricultural product is given by z where x is the...
Refer to Exercise 12.49. For AIDS cases in the United States in 2007, answer the following questions: a. Find and interpret the conditional distribution of gender by race. b. Find and interpret the...
The joint cost (in dollars) for two products is given by C(x, y) = 30 + x2 + 3y + 2xy where x represents the quantity of product X produced and y represents the quantity of product Y produced. (a)...
Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery bags, styrofoam cups, and fertilizers, to estimate the firms weighted...
A body of mass m is thrown straight up with velocity vo. Find the velocity v' with which the body comes down if the air drag equals kv2, where k is a constant and v is the velocity of the body.
Genetic linkage studies can usually only roughly locate the chromosomal position of a "disease" gene. How can expression analysis and DNA sequence analysis help locate a disease gene within the...
Some emerging countries suffer from very poor physical infrastructure. What are the signs of this and suggest some examples of the consequences of this problem. LO.1
Assume that the tax rate is 35 percent. You can borrow at 8 percent before taxes. Should you lease or buy? You work for a nuclear research laboratory that is contemplating leasing a diagnostic...
Calculate depreciation under all three methods using the following information: Asset Cost: $100,000 Residual Value: $10,000 Useful Life: 5 years Total Operating Hours: 50,000 hours Hours the asset...
Oxbridge University maintains a powerful mainframe computer for research use by its faculty, Ph.D. students, and research associates. During all working hours, an operator must be available to...
Find the output when x = 300 and y =500. Suppose that the number of crates of an agricultural product is given by where x is the number of hours of labor and y is the number of acres of the crop....
If a production function is given by z = 12x3/4y1/3, find the marginal productivity of (a) x. (b) y.
Why does a layer of periderm offer only temporary protection? When the plant makes a new layer of cork cambium, does it make the new layer to the outer side of the failing periderm or to the inner...
Brian is considering increasing the length of the cryptographic keys used by his organization. If he adds 8 bits to the encryption key, how many more possible keys will be added to the key space for...
Business law SECHON A [100 Marks] Read the scenario below then answer the questions that follow. Contracts are of critical importance especially in daily commercial and business transactions....
You may assume that the production costs to the winery are the same for each of the possible wines, despite the differences in volumes with some of the possible wines. Thus maximizing revenue will be...
You encounter a split system that uses R-22 refrigerant and observe the following refrigeration parameters from the unit's control display. The unit is operating in cooling mode. Suction pressure:...
A refrigerant at -20C is flowing through a 4" schedule 40 carbon steel pipe (inner diameter 102 mm, outer diameter 114 mm); the heat transfer coefficient for the refrigerant is 2500 W/m/K. It is...
If f(k) + g(k) = 0, what is the value of k? y = f(x) y = g(x) y 1 X
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
If the weight X of bags of cement is normally distributed with a mean of 40kg and a standard deviation of 2kg how may bags can a delivery truck carry so that the probability of the total load...
In one of his classical experiments Buffon obtained 2048 heads in tossing a coin 4040 times, was the coin fair?
Assuming normality and known variance 2 = 4, test the hypothesis = 30.0 against the alternative (a) = 28.5, (b) = 30.7, using a sample of size 10 with mean x = 28.5 and choosing = 5%.
Your company produces a health magazine. Its sales data for 1 - year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2 0 2 0 $ 3 0 0 , 0 0 0 5 2 0 2 1 $ 6 4 7...
Problem 3 - 2 0 ( Static ) Calculate profitability and liquidity measures LO 3 - 3 , 3 - 4 , 3 - 6 Presented here are the comparative balance sheets of Hames Incorporated at December 3 1 , 2 0 2 3...
3 Required information [The following information applies to the questions displayed below) John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter. Samantha. In 2020,...

Find and interpret the marginal productivity of the number of acres of the crop (y) when x

Question:

1ху — 0.0002x3 —5у 0.03х + Зу

Step by Step Answer:

If 300 hours of labor are ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions