Suppose the production function for a product is z = 60x2/5y3/5 where x is the capital expenditures
Question:
z = 60x2/5y3/5
where x is the capital expenditures and y is the number of work-hours. Find the marginal productivity of
(a) x.
(b) y.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
z 60x 25 y ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
Suppose that the production function for a product is z = 4xy, where x represents the number of work-hours per month and y is the number of available machines. Determine the marginal productivity of...
-
Suppose that the production function for a product is z = x ln(y +1), where x represents the number of work-hours and y represents the available capital (per week). Find the marginal productivity of...
-
Suppose that P = 3.78x2 + 1.5y2 - 0.09x3 - 0.01y3 tons is the production function for a product with x units of one input and y units of a second input. Find the values of x and y that will maximize...
-
A partially completed flowchart showing some of the major documents commonly used in the purchasing function of a merchandise business is presented below. Identify documents 1, 3, and4. Purchase Order
-
A small body is placed on the top of a smooth sphere of radius R. Then the sphere is imparted a constant acceleration we in the horizontal direction and the body begins sliding down. Find: (a) The...
-
Mr. M. Marner is saving up for her retirement by depositing $638 into a savings account at the end of every month for 12 years. If rates are expected to be 7.5% compounded semi-annually for the...
-
How is the concept of encapsulation applied to database management?
-
Listed below are altitudes (thousands of feet) and outside air temperatures (degrees Fahrenheit) recorded by the author during Delta Flight 1053 from New Orleans to Atlanta. Is there sufficient...
-
3. Assume the one switch input (SW1) and the two LEDs (LED1, LED2). Both LEDs should be initially off. After each press and release of SW1, change the LED state (LED1/LED2) in the sequence: ON/ON,...
-
A soft drink bottling company is interested in controlling its filling operation. Random samples of size 4 are selected and the fill weight is recorded. Table 7-17 shows the data for 24 samples. The...
-
Suppose that the joint cost function for two products is C(x, y) = y ln (x +1) dollars Find the marginal cost with respect to (a) x. (b) y.
-
Suppose that a company's production function for a certain product is z(x = 1)1/2 ln ( y2 + 1) where x is the number of work-hours of unskilled labor and y is the number of work-hours of skilled...
-
Next to the following list of eight characteristics of business organizations, enter a brief description of how each characteristic applies to general partnerships. Characteristic Application to...
-
What could a healthcare supervisor or manager do to show support for each core value of the Baldrige Criteria ?
-
List five ways in which CAATs may assist the auditor during an audit engagement.
-
What is marginal product, and what is meant by diminishing marginal product?
-
List seven non-audit services the Sarbanes-Oxley Act of 2002 prohibits auditors from providing to audit clients which are SEC registrants.
-
A nation's residents can allocate their scarce resources either to producing consumption goods or to producing human capital-that is, providing themselves with training and education. The table below...
-
Match each system of inequalities with the correct graph from choices AD. x < 5 y > -3 B. A. : : :: : : : : C. D. . . a. %23
-
A liquid flows upward through a valve situated in a vertical pipe. Calculate the differential pressure (kPa) between points A and B. The mean velocity of the flow is 4.1 m/s. The specific gravity of...
-
Find and sketch the equipotential lines of F(z) = (1 + i)/z.
-
If the region between two concentric cylinders of radii 2 cm and 10 cm contains water and the outer cylinder is kept at 20C, to what temperature must we heat the inner cylinder in order to have 30C...
-
Apply the maximum likelihood method to the normal distribution with = 0.
-
4 An electron emitter will be used to make a beam of electrons for a microscope. Electrons are emitted from a hot wire and accelerated between an anode and cathode plate which can be approximated to...
-
1. A current of 5.83 A is used to produce the microwave radiation in a microwave oven. If the voltage across the oven is 120V, how much does it cost to run the microwave for 12 minutes if electrical...
-
You've seen the following returns on a stock over the past five years: 6 percent, 12 percent, 20 percent, -6 percent, and 11 percent. Suppose the average inflation rate over this time period was 2.5...
Study smarter with the SolutionInn App