Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Output is y=(x1^1/2)*x2. The total cost equation is c=3x1+2x2 where w1=3 and w2=2. At the price of the output is p=6 what is the profit maximizing level of x2?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91402510

Have any Question?


Related Questions in Business Economics

Why would the australian government debt be consider not

Why would the Australian government debt be consider not too high?

Youre trying to find out how many students who graduate

You're trying to find out how many students who graduate with accounting degrees from large universities are employed at graduation. You design an experiment where you collect information on several variables from recent ...

A researcher records the repair cost fornbsp8nbsprandomly

A researcher records the repair cost for 8 randomly selected washers. A sample mean of $?60.46 and standard deviation of $?18.36 are subsequently computed. Determine the 90% confidence interval for the mean repair cost f ...

Imagine an election with just two candidates candidate a

Imagine an election with just two candidates. Candidate A asks her consultant to conduct a poll to see if she (Candidate A) is leading. What is the "null hypothesis" value that is being "tested" in this example?  Your an ...

What is the supply curve how do you apply the law of supply

What is the supply curve, how do you apply the law of supply in economics?

How technology government regulations international

How technology, government regulations, international factors, expectations about the future, and the macroeconomy play a role in managerial decision-making? Carefully explain each by giving example.

Inbspa statistics instructor wants to measure the

I. A statistics instructor wants to measure the effectiveness of his teaching skills in a class of 66 students ( N  = 66).  He selects students by waiting at the door to the classroom prior to his lecture and pulling asi ...

Suppose that you generate a random number between 0 and 1

Suppose that you generate a random number between 0 and 1. (So all numbers are equally likely to come up.) a. Draw a probability distribution function for this situation. Label the axes so it is very clear! b. What is th ...

In families with four children youre interested in the

In families with four children, you're interested in the probabilities for the different possible numbers of girls in a family. Using theoretical probability (assume girls and boys are equally likely), compile a five-col ...

Model this situation using a game tablehawk and dovenbsptwo

Model this situation using a game table. Hawk and Dove:   Two animals are fighting over some prey. Each can be passive or aggressive. Each prefers to be aggressive if the other is passive, and passive if the other is agg ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As