Provide an appropriate response.The Cobb-Douglas production function for a company is given by P = 70l1/4k3/4, where P is the monthly production value when k is the amount of the company's capital investment (in dollars per month) and l is the size of the labor force (in work hours per month). Find Pkk and Pkl.
What will be an ideal response?
Pkk = - l1/4k-5/4; Pkl =
l-3/4k-1/4
You might also like to view...
Find the expected value.An insurance company will insure a $260,000 home for its total value for an annual premium of $560. If the company spends $30 per year to service such a policy, the probability of total loss for such a home in a given year is 0.001 and you assume either total loss or no loss will occur, what is the company's expected annual gain (or profit) on each such policy?
A. $300 B. $270 C. -$260 D. $220
Find the mode of the set of numbers.,
, 8,
,
A. No mode
B.
C.
D.
I = 50 mA, E = 18 V, f = 1 MHz, and e leads i by 90ø. Use I as a reference. Find i and e at t = 0.25 æsec.
a. i = 50 mA, e = 0 v b. i = 0 mA, e = 18 v c. i = 0 mA, e = 0 v d. i = 0 mA, e = 18 v e. i = -50 mA, e = 0 v
Solve.7n - 6 < 43
A. n < 42 B. n < 46 C. n < 7 D. n < 12