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

Author Question: The aggregate production function is Y= 5 K 0.5 L 0.5. If there are 49 units of capital and 16 units ... (Read 112 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568

Question 1

The aggregate production function is 
Y = 2
K
0.5
L
0.5. If there are 225 units of capital and 196 units of labor, aggregate output is


◦ 420 units.
◦ 508 units.
◦ 700 units.
◦ 842 units.

Question 2

The aggregate production function is 
Y = 5
K
0.5
L
0.5. If there are 49 units of capital and 16 units of labor, aggregate output is


◦ 60 units
◦ 70 units.
◦ 140 units.
◦ 325 units.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by meagbuch on Apr 19, 2019

Pswine

  • Sr. Member
  • ****
  • Posts: 328
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 29% of students answer this correctly




meagbuch

  • Member
  • Posts: 568
Reply 2 on: Apr 19, 2019
:D TYSM


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

For a complete list of videos, visit our video library