Saturday
April 25, 2015

Homework Help: economics

Posted by latecia on Thursday, November 26, 2009 at 7:13pm.

if production is Q=(a^c) min(K,L) where a>0, c>1, price of capital(r)=10 and price of labour (w)= 10
what is the optimal combination of capital and labour?
does the production have increasing/constant/decreasing returns to scale?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Members