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Author Question: Given the production function q = 4LK, what is the marginal product of labor when capital is fixed ... (Read 118 times)

maychende

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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.


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Ptupou85

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


maychende

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  • Posts: 556
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

triiciiaa

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  • Posts: 349
Reply 3 on: Yesterday
Wow, this really help

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