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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 39 times)

meagbuch

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  • Posts: 568
on: Apr 19, 2019

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.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by meagbuch on Apr 19, 2019

Pswine

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Reply #1 on: Apr 19, 2019
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.
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meagbuch

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  • Posts: 568
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

bdobbins

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  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

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