Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 03, 2024

please solve If q=f(K,L)=K03L0'8 what is the Marginal Rate of Technical Substitution? A 0.8K/ 0.3L B 0.8L0'8'1/03K0'3'1 C 0.3L/0.8K D 0.3K0-3'1/o.8L-3'1 E None of the

please solve

If q=f(K,L)=K0"3L0'8 what is the Marginal Rate of Technical Substitution? A 0.8K/ 0.3L B 0.8L0'8'1/03K0'3'1 C 0.3L/0.8K D 0.3K0-3'1/o.8L-3'1 E None of the Above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics Principles, Problems, And Policies

Authors: Campbell McConnell

21st Edition

1259915727, 9781259915727

More Books

Students also viewed these Economics questions

Question

★★★★★

A random sample of 25 college students was asked, How many hours per week typically do you work outside the home? Their responses were as follows: Determine the shape of the distribution of hours...

Answered: 1 week ago

Question

★★★★★

Assume that you are a developer of business software applications. How might you design an accounting software package that would enable a company to perform its year-end closing process without...

Answered: 1 week ago

Question

★★★★★

The time, in hours, that a student needs to complete a Mathematics exam is a random variable X with density function What is the expected value and the variance of X? f(x) = = { 0, 6(x 1)(2x), 1

Answered: 1 week ago

Question

★★★★★

Olavssen Hardware regularly buys merchandise from Dawson Suppliers. Olavssen uses the net method to record purchases and discounts. On August 15, Olavssen Hardware purchased material from Dawson...

Answered: 1 week ago

Question

★★★★★

Use the standard entropy data in Appendix G of your textbook to determine the changes in entropy ( S ) and free energy ( G ) for the following reaction. Assume that the reaction is taking place under...

Answered: 1 week ago

Question

★★★★★

Question-2 Suppose we have a monopolist supplying two different markets. The demand in these markets Suppose we have two types of consumers, each buying exactly one unit of the product a monopolist...

Answered: 1 week ago

Question

★★★★★

If you found a one-of-a-kind prototype of a revolutionary new mobile phone lying on a public beach, what would you do with it? What would be the consequences of your chosen action? Does the value of...

Answered: 1 week ago

Question

★★★★★

QuestionIV (17 marks). (4) Determine the steady-state surface temperature of an electric cable, 25 cm in diameter, which is suspended horizontally in still air in which heat is dissipated by the...

Answered: 1 week ago

Question

★★★★★

1. How can you assess if you are engaging in ethical communication? 2. What experiences have you had with cross-cultural communications? Please share at least one experience when this has gone well...

Answered: 1 week ago

Question

★★★★★

Input values to the quiz 3.5 1.5 0.8 Solve the problem below and enter answers in first row above. Do NOT enter units or any other tex A simply supported beam carrying a triangular distributed load...

Answered: 1 week ago

Question

★★★★★

Consider a plate of 2.4 m x 3.0 m shown below. First, find the temperature distribution at the interior nodes using a square grid with a length of 0.1 m and a relative error of 1E-6 for the case in...

Answered: 1 week ago

Question

★★★★★

I. What is business analysis? and how it is helpful for organizations? II. What does enterprise content management involve? III. What is business process management? IV. Outline the key benefits of...

Answered: 1 week ago

Question

★★★★★

9. Take a view or attitude that you hold strongly. Search for information that is opposed to this view or attitude. Discuss.

Answered: 1 week ago

Question

★★★★★

2. In what way can we say that method affects the result we get?

Answered: 1 week ago

Question

★★★★★

4. In what way will relationships in a system influence what is reported?

Answered: 1 week ago

Previous Question Next Question