Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Satsume Satsume
wrote...
Go to Answer
Posts: 761
Rep: 0 0
6 years ago
Cogswell Cogs can jointly produce cogs or rotors.  The joint cost function is:
CC ( q1, q2) =  35 q1 + 12 q2 + 100 q11/3 q21/2,  where q1 is the number of cogs and q2 is the number of rotors Cogswell produces.  If Cogswell produces cogs alone, the cost function is:
CC ( q1) =  35 q1 .  If Cogswell produces rotors alone, the cost function is: CR ( q2) = 12 q2.   Calculate Cogswell's degree of economies of scope if he produces 64 cogs and 16 rotors.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 138 times
1 Reply
Replies
Answer verified by a subject expert
Bart_argBart_arg
wrote...
#1
Top Poster
Posts: 570
Rep: 14 0
6 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

Satsume Author
wrote...

6 years ago
Correct Slight Smile TY
DAGINC
wrote...

Yesterday
this is exactly what I needed
djeghri
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1676 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 103
  
 114
  
 279
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 436
Previous poll results: What's your favorite coffee beverage?