devie921 devie921
  • 02-06-2023
  • Business
contestada

A company has the following production and cost functions.
Production: Q = 80K + 60L Cost: TC = 20K +15L
1. What is the wage rate or labor?
2. What is the rental rate of capital?

Respuesta :

Otras preguntas

how do you now 11/33 is a simplest form
the length of a rectangle is 3 feet less than twice the width of the rectangle. if the perimeter of the rectangle is 324 feet, find the width and the length?
how do you now 11/33 is a simplest form
how does.debate in the senate differ from debate in the house?
Can someone help me in probability?Amanda wrote a computer program that generates two random numbers between one and eleven.When she runs it,what is the probabi
Use the order of operations and the digits 2,4,6 and 8 to create an expression with a value of 2
SAT Help Jack can paint a house in 5 days, and Richard can paint the same house in 7 days. Working together, how long will it take them to finish the job? How d
Use the order of operations and the digits 2,4,6 and 8 to create an expression with a value of 2
How did the alliances that formed in Europe after world war 2 form an "iron curtain" as described by Winston Churchill in a 1946 speech?
Substitution how do u do it??