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

Author Question: In the long run, all factors of production are A) variable. B) fixed. C) materials. D) ... (Read 132 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jul 1, 2018
In the long run, all factors of production are
 
  A) variable.
  B) fixed.
  C) materials.
  D) rented.

Question 2

At Albert's Pretzel Company, MPL = 1/L, and MPK = 1/K. The isoquant for 100 pounds of pretzels daily is shown in the above figure.
 
  Albert minimizes the cost of producing 100 pounds of pretzels daily by hiring 5 units of labor and 10 units of capital when w = 50 and r = 25. When r rises to 100, what is the minimum cost of producing 100 pounds of pretzels daily in the short run? in the long run?
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

Chou

  • Sr. Member
  • ****
  • Posts: 335
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


CharlieWard

  • Member
  • Posts: 578
Reply 2 on: Jul 1, 2018
Gracias!

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Solution (Polynomial Long Division) Solution (Polynomial Long Division)
A pleasant smile can go a long way, even through telephone lines. A pleasant smile can go a long way, even through telephone lines.
When young infants hold objects for a long period of time they eventually become habituated to them. When young infants hold objects for a long period of time they eventually become habituated to them.
Risk Factors for Alzheimer's Disease Risk Factors for Alzheimer's Disease
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Formation of a DNA loop allows factors that bind to an enhancer or silencer Formation of a DNA loop allows factors that bind to an enhancer or silencer
Video: Eczema

For a complete list of videos, visit our video library