(Answered) If a firms output is produced according to q 4lk the

Management Studies

If a firm's output is produced according to Q = 4LK, the priceof K is $10, and the price of L is $40, what is the cost-minimising combination of K and L capable of producing 64 units of output? The cost-minimising quantity of K is? The cost-minimising quantity of Lis?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92023275
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

1 explain how the following industries should adapt

1. Explain how the following industries should adapt their businesses to the ever expanding use of social networks and mobile computing (smart phones, tablet computers, etc.): 1) Media and Entertainment, 2) Department st ...

What is development economic development what are the

What is development, economic development? What are the measurement for economic development such as Health, education. Describe different between development and growth?

Vera has a utility function vfc fca what is her mrs of food

Vera has a utility function V(F,C)= FC. a. What is her MRS of food for clothing? (the marginal utility from food, MU(F)=C, and the marginal utility from clothing, MU(C)=F) b. If her income is 100 and the food price is 1 ...

What are costcos key success factors ksfs which of the 11

What are Costco's key success factors (KSFs) ? Which of the 11 sociotechnical principles can be seen in Costco?

How does diversity affect social justicewhat adjustments

How does diversity affect Social justice? What adjustments need to be made to facilitate participation by people with a disability in a workplace?

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

What is the various security architectures which provides

What is the various security architectures. Which provides the best balance between simplicity and security? Justify your answer.

Describe how the mix of different fundraising processes

Describe how the mix of different fundraising processes should be determined. Who should be included in the decision-making and why does it matter?

Give examples of how dominos has adapted its global

Give examples of how Domino's has adapted its global marketing mix to meet the needs of local consumers. Are you their customer? If so, why?

Describe the proceduresguidelines used by hr to conduct a

Describe the procedures/guidelines used by HR to conduct a job evaluation.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert