Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
gcd99br gcd99br
wrote...
Posts: 429
Rep: 0 0
4 years ago

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?



combination e: 10 hours of labor and 48 units of capital



combination f: 40 hours of labor and 24 units of capital



combination g: 60 hours of labor and 14 units of capital



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?



$3,600



$1,120



$592



$560

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
Read 1171 times
11 Replies
Replies
Answer verified by a subject expert
qwer34qwer34
wrote...
Posts: 376
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

gcd99br Author
wrote...
4 years ago
Appreciate the effort, thank you!
wrote...
4 years ago
Thank you!
wrote...
3 years ago
I need help
wrote...
3 years ago
Thank you
wrote...
3 years ago
Thanks for solving this!
wrote...
3 years ago
thank you
wrote...
3 years ago
Thanks!
wrote...
3 years ago
thank you
wrote...
3 years ago
Thank you!
wrote...
3 years ago Edited: 3 years ago, Lauren Tiller
This isn't helpful
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  954 People Browsing
 114 Signed Up Today
Related Images
  
 288
  
 7263
  
 236
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 249