Question: NVidia, the pioneering computer graphics chip maker has a line of production of a semiconductor component of one of its chips. The production process represents
NVidia, the pioneering computer graphics chip maker has a line of production of a semiconductor component of one of its chips. The production process represents number of units produced per day (Q) as a function of labor (L), which costs $400 per unit, and capital (K), which costs $800 per unit The following production function describes the process: Q=3LK Question 8 - At Q=48,000, TC, AC and APL are: 101,120, 2.1, 379 II 51,696, 1.07, 557 24,000, 0.5, 1,200 75,888, 1.58, 759 LL None of the above NVidia, the pioneering computer graphics chip maker has a line of production of a semiconductor component of one of its chips. The production process represents number of units produced per day (Q) as a function of labor (L), which costs $400 per unit, and capital (K), which costs $800 per unit The following production function describes the process: Q=3LK Question 8 - At Q=48,000, TC, AC and APL are: 101,120, 2.1, 379 II 51,696, 1.07, 557 24,000, 0.5, 1,200 75,888, 1.58, 759 LL None of the above
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