This topic contains a solution. Click here to go to the answer

Author Question: If production function q1 = f(L, K), which of the following production functions illustrates neutral ... (Read 60 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
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.


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
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
Thanks for the timely response, appreciate it


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library