This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the production function for T-shirts can be represented as q = L0.25K0.75. Show that the ... (Read 37 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
Suppose the production function for T-shirts can be represented as q = L0.25K0.75. Show that the production function has constant returns to scale.
 
  What will be an ideal response?

Question 2

A firm can experience increasing, constant and decreasing returns to scale for various levels of output.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


TVarnum

  • Member
  • Posts: 548
Reply 2 on: Jul 1, 2018
Wow, this really help

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

An electron micrograph from an experiment demonstrating the function of a tight junction An electron micrograph from an experiment demonstrating the function of a tight junction
Scattergrams are a mechanism used by political scientists to show patterns and relationships among v Scattergrams are a mechanism used by political scientists to show patterns and relationships among v
How to find the limit of a function using delta and epsilon How to find the limit of a function using delta and epsilon
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
The results of a cytogenetic survey of over 4,000 miscarriages show a wide variation in how often sp The results of a cytogenetic survey of over 4,000 miscarriages show a wide variation in how often sp
Structure and function of human teeth. Structure and function of human teeth.
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library