Question: Question 7 5 pts For the production function y = xf'ale/a, which of the two inputs is more productive when x1 is 2 and x2

Question 7 5 pts For the production function y = xf'ale/a, which of the two inputs is more productive when x1 is 2 and x2 is 7? 0 x1 0 752 O neither; for this situation, they have equal marginal products O cannot tell from the above information Question 8 5 pts For the production function 3' = 3961+ 4%, which of the two inputs is more productive when x1 is 5 and x2 is 10? O x1 0 x; O neither; for this situation, they have equal marginal products 0 cannot tell from the above information

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Question 3 5 pts For the production function y = 4151+ 3162, which of the two inputs is more productive when x1 is 4 and x2 is 2? 0 x1 0 '52 O neither; for this situation, they have equal marginal...

Question 9 5 pts For the production function y = 4x1+ 3162, which of the two inputs is more productive when x1 is 2 and x2 is 4? 0 x1 O x: O neither; for this situation, they have equal marginal...

Question 3 5 pts Given the production function 3' = 431+ 3172, what is the marginal rate of technical substitution of x1 for x2( MRquz)? O 0.75 O -1.33 0 452/171 O -2x1/x2 Question 4 5 pts For the...

Question 1 5 pts Given the production function :V = 4x1+ 3162, what is the marginal rate of technical substitution of x; for x1( MRSxei)? O -O.75 0 451/752 0 '3751 O 1.2 Question 2 5 pts For the...

Question 1 5 pts Given the production function y = 2x1*2, what is the marginal rate of technical substitution of x1 for x2 ( MRS*1x2)? 0 4 O -X2/X1 O - 2 O -2x1/X2 Question 2 5 pts Given the...

Question 5 5 pts For the production function 'y = xlifaxzm, which of the two inputs is more productive when x1 is 5 and x2 is 10? O x1 O x2 0 neither; for this situation, they have equal marginal...

Need help with hw QUESTION 1 The three components of break-even analysis are volume, cost, and profit. Volume is the level of sales or production by a company. The costs can be fixed or variable. The...

See Hint Part 1 (0.5 point) Suppose the lease for cubicles is under a long-term contract and the firm already chose how many cubicles to lease. Suppose specifically that the firm is leasing 2...

solve it plz zzzzzzz 6. You are operating a firm that uses two inputs - x1 and x2 - to produce output, denoted y, according to the following production function y = f (21, *2) = 23: Your firm's...

solve it plzzz 6. You are operating a firm that uses two inputs - x1 and x2 - to produce output, denoted y, according to the following production function y = f (21, *2) = 23: Your firm's output...

The radius, r, of a sphere can be calculated from its surface area, s, by: r = s/x/2 The volume, V, is given by: V = 4r3/3 Determine the volume of spheres with surface area of 50, 100, 150, 200, 250,...

Find the transfer function from force u to position y A D b m m U Frictionless surface (ms+bs+k) (a) mm284+mbs+k(m+m)s+kbs ((m-mk)s-kb+k-k) ms+bs+k 2 (b) S (c) m18+m8-bs+k k (d)...

The following table displays the amount of emergency food aid provided to developing countries from 1995 to 2012 (measured in $US million). a. Plot the data. b. Calculate a linear trend...

What are the differences between an emerging market and a converging market? Provide an example of each that youve observed.

5. How quickly can we manage to collect the information?

3. Tactical/strategic information.

3. To retrieve information from memory.