Suppose the firm s production function is given - id14018224 от josiebranstetter93 17.09.2021 17:31

Question

Physics: Suppose the firm s production function is given by q equals F left parenthesis K comma L right parenthesis equals K squared L with M P L equals K squared, M P K equals 2 K L. The price per unit of capital is 20 and the price per unit of labor is 10. Find the cost minimizing quantity of labor to produce 150,000 units of output. Please round to the closest integer.

josiebranstetter93 · Accepted Answer

Take a Kirchoff voltage loop to see the effective voltage is 4V and the total resistance is 10ohms. This gives 400mA in the loop. This flows through everything since it's a series circuit.
Rate of energy is power. So the total power dissipated in the resistors is I^2R=(0.4^)2(10)=1.6W
For C and D know that the 12V battery is charging the 8V. So electric energy is produced in the 12V battery at a rate of P=IV. In the 8V, electric energy is converted to chemical energy because it's charging. The power here has the same sign as a load, not a source. Hope that helps

Suppose the firm s production function is given by q equals F left parenthesis K

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