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

Author Question: Given the production function q = 4LK, what is the marginal product of labor when capital is fixed ... (Read 101 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Given the production function q = 4LK, what is the marginal product of labor when capital is fixed at 25?
 
  A) 4K
  B) 100
  C) 100K
  D) 100L

Question 2

The internet auction site eBay is an example of a(n)
 
  A) Sealed Bid Auction.
  B) Second-Price Auction.
  C) English Auction.
  D) Both A and B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


maychende

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
Wow, this really help

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Kidney function Kidney function
Immunoglobulin Function Immunoglobulin Function
How to use L'Hospital's Rule to find the limit of a function (Part 2) How to use L'Hospital's Rule to find the limit of a function (Part 2)
How to find the domain of a function (Part 2) How to find the domain of a function (Part 2)
How to stretch or compress a function using transformations How to stretch or compress a function using transformations
Stem Cell Production Stem Cell Production
Video: Oogenesis Animation

For a complete list of videos, visit our video library