Title: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at the ...
Post by: gcd99br on Oct 9, 2019
Question 1.
Figure 11-15
Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at the lowest cost?
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combination e: 10 hours of labor and 48 units of capital
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combination f: 40 hours of labor and 24 units of capital
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combination g: 60 hours of labor and 14 units of capital
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combination h: 60 hours of labor and 9 units of capital
Question 2.
Figure 11-15
Refer to Figure 11-15. Suppose Hilda hires labor at $8 per hour and capital costs $10 per unit. What is the minimum cost of producing 200 gooseberry pies?
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$3,600
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$1,120
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$592
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$560
Title: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at the ...
Post by: qwer34 on Oct 9, 2019
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Title: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at the ...
Post by: gcd99br on Oct 9, 2019
Appreciate the effort, thank you!
Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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Title: Re: Refer to Figure 11-15. What is the combination of inputs that produces 200 gooseberry pies at ...
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