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- Technology B uses 4 workers and 2 tonnes of coal to produce 100 meters of cloth. The worker's wages cost $10 and coal costs $5. We have previously calculated that the total cost of production is $50 and that the vertical intercept of the isocost line is 10.If there was a technology that used 1 more worker, how much would it have to decrease the coal required in order to cost the same? (Note: this is the absolute value of the slope of the isocost line.)Ben's swim coach estimates that his time, t, in the 100-yard butterfly at a big upcoming meet as a function of the number of yards he swims per week, y, is t = 50+8e-0.00005y Based on this production function, his coach also estimates that if Ben swims 20,000 yards per week, his time will be 52.94 seconds, and he will finish tenth place. If he swims 40,000 yards per week, his time will be 51.08 seconds, and he will come in third. If he swims 60,000 yards per week, his time will be 50.40 seconds, and he will win the meet. Use calculus to determine Ben's marginal productivity of time given the number of yards he practices. Is there diminishing marginal productivity of practice yards? Ben's marginal productivity of swim time given y practice yards (MP) is (Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a superscript can be created with the ^ MPy character.)On a tour guide map of Madagascar, the scale states that 3 inches represents 125 miles. Two beaches are 5.3 inches apart on the map. What is the approximate distance in miles between the two beaches? Round your answer to the nearest mile. Click here to enter text. A 12 row combine can harvest 10 acres of corn in 1 hour. How many hours does it take to harvest 255 acres of corn? Click here to enter text.
- Q4 The output of a production process, Q, is given by the function KL Q = K+ 2L where K and L denote capital and labor. (a) Calculate the output when the capital and labor are 40 and 30 units, respectively. (b) Find the level of labor needed to produce 4 units of output when 10 units of capital are used. (c) Transpose this formula to express K in terms of Q and L. Q5 3 The equations defining a simple model of the economy are: C = 0.75Y + 18 I = 22 where C, Y and I denote consumption, national income and planned investment, respectively. Use this model to complete the following table of values and hence draw an accurate graph of C + I plotted against Y on the interval 0 < Y< 200. 100 200 C + I By drawing a second line on the diagram, calculate the equilibrium level of national income. Use your graph to explain what happens to the equilibrium level of national income when the marginal propensity to consume decreases with autonomous consumption fixed.What's the computation for this and explanation for the solution? ThanksIt costs a company $58 to produce 6 units of a product and $78 to produce 10 units. Assuming that the cost is linear, how much does it cost to produce 25 units?
- Hi, I have been trying to compute the optimal values from this lagrangian. But I can't seem to find a way to get the values from the answer key. I attached both the question and answers. Could you please explain to me how to get these values from the first-order conditions? Thank you very muchI’m unsure what the formula in this example problem is asking for, in terms of how to answer a-c. Im also not positive I understand how to graph I-C and P-C curves is there a formula to follow?Ecommerce order management is the back-end process for managingand fulfilling online orders. This includes everything from order routing and printing shippinglabels to returns and subscription management and order history revenue generated etc.Suppose you are given a task to complete this module for an online clothing store.
- (i) Find the rate of change of the function f(x) =x + 2/ 1 − 8x with respect to x when x = 1.(ii) The number of units Q of a particular commodity that will be produced with Kthousand dollars of capital expenditure is modeled by Q(K) = 500 K2/3Suppose that capital expenditure varies with time in such a way that t months from nowthere will be K(t) thousand dollars of capital expenditure, whereK(t) =2t4 + 3t + 149 / t + 2 (a) What will be the capital expenditure 3 months from now? How many units will be producedat this time?(b) At what rate will production be changing with respect to time 5 months from now?Will production be increasing or decreasing at this time?Oregon Fiber Board makes roof liners for the automotiveindustry. The manufacturing manager is concerned aboutproduct quality. She suspects that one particular failure, tears in the fabric, is related to production-run size. An assistantgathers the following data from production records: a. Draw a scatter diagram for these data.b. Does there appear to be a relationship between run sizeand percent failures? What implications does this datahave for Oregon Fiber Board’s business?pols Add-ons Help Last edit was seconds ago xt I UA Calibri 11 + 三 2 | 3 II | I 4 II| II6 4. Thanks to years of consistent contracts and an outstanding administration, Crestwood High School has formed one of the best teaching staffs in the State of Michigan. This staff has learned how to work seamlessly with each other and students. They are now able to effectively teach more students in every class than before. *Name the determinant: Automakers have introduced new heating lamps to their paint shops that allow them to dry layers of paint faster than ever before. These newly invented heaters use less energy and have greatly increased output. 5. *Name the determinant: 27°C Rain II 近