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- Sunpose fnduce x and y The outut uf mo prucduct of frm preducung hoo C = 250x2 +120y². AsSummg 4144.wing Lag rangjar a joint CUrt funchon given as %3D U resmcted at mulhplier Fechnique- ind he amount X and y That will minimnel. Cost and Compute i Ihs of changng thi Optimal combinahon amount Uf boin puelucts Cast MSO examme he cost implcahors Jo as w prduce equal 2800 50Mathematically determine Combined Budget Equation.ECON 2100 OL HW14 Compatibility Mode v Home Insert Draw Design Layout References Mailings Review View Share O Comments Times New... 12 v A^ A° Аa v AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDdE AaBbCcDc AaBbCcDdEe AaBbCcDdEe > No Spacing Styles Pane Paste v ab x, x' A Title Subtitle Subtle Emph... Sensitivity В I U Normal Heading 1 Heading 2 * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates 2. The table shows levels of employment (Labor), the marginal product at each of those levels, and a monopoly's marginal revenue. Labor Marginal Product of Labor Price of the Product 1 10 $10 8 $7 3 7 $5 $4 3 $2 1 $1 a. What is the monopoly's marginal revenue product at each level of employment? b. If the monopoly operates in a perfectly competitive labor market where the going market wage is $20, what is the firm's profit maximizing level of employment? Page 1 of 2 653 words English (United States) Focus + 268% 4-
- Solve it clearly please with clearly stepsOregon Fiber Board makes roof liners for the automotiveindustry. The manufacturing manager is concerned aboutproduct quality. She suspects that one particular failure, tears in the fabric, is related to production-run size. An assistantgathers the following data from production records: a. Draw a scatter diagram for these data.b. Does there appear to be a relationship between run sizeand percent failures? What implications does this datahave for Oregon Fiber Board’s business?Pls select correct option and explain it....
- W ECON 2100 Compatibility Mode Home Insert Draw Design Layout References Mailings Review View Share O Comments v A^ A^ Аa v E - E v E v E E Times New... 12 AaBbCcDdE AaBbCcDdE AaBbCcDc AaBbCcDdE AaBbCcDc AaBbCcDdEe > AaBbCcDdEe Paste A A Subtle Emph... Styles Pane Sensitivity В U v ab X2 Normal No Spacing Heading 1 Heading 2 Title Subtitle 4. Exhibit 17-8 represents the consumer market for higher education. Exhibit 17-8 dollars per year marginal cost 45,000 40,000 35,000 30,000 5,000 20,000 marginal social benefit 15,000 10,000 marginal private lubdnefit 1 3 4 7 years of higher education a. If people base their education decisions only on the marginal private benefit of education, how many years of education will they choose to get? Page 7 of 7 1692 words English (United States) Focus 225%QUESTION 1 Given the Budget of $1000 P of X = 10 10 Q of X TU of X (10s) (Average) MU of X MU/$ of X ooooo 0 10 20 30 40 .50 60 70 80 100 180 250 310 365 0 10 8 7 6 5.5 ២៦ 415 460 502.5 90 542.5 5 4.5 4.25 4 100 581.5 3.9 1 0.8 0.7 0.6 0.55 0.5 0.45 0.425 0.4 0.39 P of Y = 500 Q of Y TU of Y MU of Y MU/S of Y 500 0 1 2 3 5 510 870 1195 1485 1730 510 360 325 290 245 1.02 0.72 0.65 0.58 0.49 The optimal consumption bundle: of X; of YShould have 4 solutions. Thank you!