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

Author Question: If production function q1 = f(L, K), which of the following production functions illustrates neutral ... (Read 55 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
If production function q1 = f(L, K), which of the following production functions illustrates neutral technical progress?
 
  A) q2 = f(1.25L, 1.25K)
  B) q2 = f(1.25L, K)
  C) q2 = f(L, 1.25K)
  D) q2 = 1.25  f(L, K)

Question 2

The above figure shows supply and demand curves for milk. In an effort to help farms, the government passes a law that establishes a 3 per gallon price support, but allows farmers to decide how much milk to produce.
 
  The government then provides a deficiency payment to guarantee that the farmers receive 3 per gallon. The required deficiency payment equals A) b + c + f + g + h + i + j.
  B) b + c + f + g + h + i.
  C) f + g.
  D) b + c.
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

Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
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 56% of students answer this correctly


maychende

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Brain mass as a function of body mass in mammals. Brain mass as a function of body mass in mammals.
Spinal cord—levels of injury; A, areas of sensory function (dermatomes); B, areas of motor function. Spinal cord—levels of injury; A, areas of sensory function (dermatomes); B, areas of motor function.
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
Block Diagram of a Dual-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Seme Block Diagram of a Dual-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Seme
The Ear and Its Functions The Ear and Its Functions
Composition of Functions Composition of Functions
Video: Buffers definition and the role of buffer in the body

For a complete list of videos, visit our video library