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

Author Question: What is the MRTS for a firm with the following production function, q = 10L0.5K0.3? (Read 36 times)

colton

  • Hero Member
  • *****
  • Posts: 627
What is the MRTS for a firm with the following production function, q = 10L0.5K0.3?
◦ The MRTS does not exist because labor and capital are perfect complements.
◦ MRTS = -
◦ The firm will substitute a constant 3 units of capital for 5 units of labor.
◦ None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by colton on Jun 18, 2019

mcarey591

  • Sr. Member
  • ****
  • Posts: 365
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 39% of students answer this correctly




colton

  • Member
  • Posts: 627
Reply 2 on: Jun 18, 2019
:D TYSM


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library