Capital and his labor Production function of a company that buys from'Dr. In order to realize the order of 3600 units with the cheapest cost, the company. How many units of each factor should he buy?

2) under the constraint g (x, y) = x + y = 84 optimize.

3) Which degree of function is homogeneous. Return to scale in this function? what can you say about?

4) By graphing the function, the function decreases for x <0 and the function for x> 0 Show that the slope of the function increases continuously.

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Answer rating: 100% (QA)

1 In order to realize the order of 3600 units with the cheapest cost the company should buy 240 units of capital and 1200 units of labor The productio... View the full answer