Jadual Pembentangan Tugasan Kumpulan Grup A dan E

Ahad (12/5) : G1- G4
Rabu  (15/5): G5-G8

perfect competition

https://drive.google.com/open?id=1lrXfvstGPWhVmSddMWOdxLgm6vvLur3s

Quiz: send the answer to my email before 1 May

(Exam question 2017)

Davy metal company produces brass fittings. Davy’s engineers estimate that production function represented below as relevant for their long run capital-labor decisions.

Q=500L^0.6K^0.4

Where Q=annual output measured in kilograms

L=labor measured in person hours

K=capital measured in machine hours

Davy’s employees are relatively highly skilled and earn $15 per hour. The firm estimates a rental charge of $50 per hour on capital. Davy forecasts annual costs of $500,000 per year, measured in dollars.

i) Derive the firm’s marginal product of labor (MP_L) and marginal product of capital (MP_K).

ii) How much capital and labor should the firm employ.

Send the answer to my email normizan@uum.edu.my

State you name and metric number.

Arahan tugasan

https://drive.google.com/open?id=1vl9leAMzfgE1S1ymyAPybbrfdWXP7w7E

kos

https://drive.google.com/open?id=14SmsxwKr61tICWrDt_8K_qlF25QlYF2_

Tambahan ahli kumpulan

239753 masuk g3

Tugasan Kumpulan A