This is the answer plz write Clear hand written Y=5K0.5 +3L Multiply k & L by X = 5(X k) ⁰.³ + 3 (XL) 0.5 = 5x0.5 0.5 + 3x0.5 10.5. =x0.5 [540.5 + 320.5] = x 0.5 4 Since power of 7 is less than 1, production function has decreasing returns. Correct: c) Decreasing
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- Q4 A business manager determines that t months after production begins on a new product, the number of units produced will be P thousand,where P(t) =6?2 + 5? /(? + 1)2 production in the long run (i) A ruptured pipe in a North Sea oil rig produces a circular oil slick that is y meters thick at a distance x meters from the rupture.Turbulence makes it difficult to directly measure the thickness of the slick at the source (where x = 0),but for x > 0,it is found that y =0.5(x2 + 3x)/ x3 + x2 + 4x Required:a)Assuming the oil slick is continuously distributed,how thick would you expect it to be at the source?Ain a community of 10000 people, each is willing to pay Ksh 10 for each well dug. The cost of digging the wall is is given by C= Q2+20Q. Calculate the pareto efficiecy number of wells to be dug. If the government want to dug the well at a minimal cost, how many walls will it dig and how much will it spen if the projet is given to a private, profit making organization, how many well would the firm dig?Windies Cricket manufactures Windies supporter jerseys. The quantity q, of thesejerseys demanded weekly is related to the wholesale price per jersey p, by thefollowing equation:? = −0.006? + 15The weekly total cost incurred by Windies Cricket for producing q jerseys is:?(?) = 38? − 0.02?2 + 30,000a. Determine an expression to represent the weekly Revenue functionb. Determine an expression to represent the weekly Profit function.c. Calculate the weekly Revenue when ten dozen jerseys are produced and sold.d. Will Windies Cricket record a loss or profit if they were to produce and sell 2450jerseys?e. If Windies Cricket wishes to maintain a total cost less than $42,000.00, whatrange(s) of Windies jerseys should be produced. f. Calculate the equilibrium price and quantity for Windies jerseys.
- Consider a perceptron that has two real- valued inputs and an output unit that uses a Sigmoid function as its output function. All the initial weights and the output unit's threshold equal 0.2 Assume that the output should be 0 for the input in1 = 2 and .in2 = 5 Let (the learning rate) be 0.5 Show the value of the all weights and the .output after 2 iteration the new weights the output isA company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 75 – 0.1D units (D is the demand or quantity sold per month and p is the price in dollars). The fixed cost is $1,000 per month and the variable cost is $30 per unit produced. Solve, a. What is the maximum profit per month related to thisproduct? b. What is the range of profitable demand during a month?the amount of cereal consumed by a member in a hotel varies directly as their number if 900k of cereal are needed in a month by 50 members. how many members will be need 2610kg of cereal
- Profit Analysis Unendo, is a large computer game manufacturer. CALL DUTY WWII They have estimated that the demand function for their game "Call of Duty: WWIII" is as follows ... p = 82 - 0.05q; where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... C(q) = 22g + 5000; where the fixed cost is $5000 and the marginal cost is $22 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the price, p, per game that generates maximum profit. (Round vour answer to 2. decimal places if necessarv). 8.am. 273.The pumlative eveage labor hours to assemble the first fiva units of product A was 14.579 hours. If the learning curve, based on the previous experience with similar products, is 76%, what is the estlimated tlime (labor hours hat wil be neguirees its assemtie ife 2 uni? The mumiber of labor hours required to assemble the 24 unit is hours. (Round to one decimal place.)
- Technology B uses 4 workers and 2 tonnes of coal to produce 100 meters of cloth. The worker's wages cost $10 and coal costs $5. We have previously calculated that the total cost of production is $50 and that the vertical intercept of the isocost line is 10.If there was a technology that used 1 more worker, how much would it have to decrease the coal required in order to cost the same? (Note: this is the absolute value of the slope of the isocost line.)10K L%. 1). Consider the production function Q = (a) What is the output when K = 100000 and L = 243? (b) Use the marginal analysis to estimate Q(99995, 243) and Q(100000, 245). (c) Use a calculator to compute these two values of Q to three decimal places and compare these values with your estimates in (b). (d) How big must AL be in order for the difference between Q(100000, 243+AL) and its linear approximation Q(100000, 245) + -DAL, to differ by more than two units?Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 110x – 0.12x², 0 < x < 800 %3D where x is the number of units sold. Find his marginal revenue and interpret it when the quantity sold is the following. (a) x = 300 2$ Interpret the marginal revenue. O The sale of the 301st unit results in a loss of this amount. O This is the additional revenue from the 300th unit. O The sale of the 300th unit results in a loss of revenue of this amount. O This is the additional revenue from the 301st unit. (b) X = 700 %3D Interpret the marginal revenue. O This is the additional revenue from the 300th unit. O The sale of the 700th unit results in a loss of revenue of this amount. O The sale of the 701st unit results in a loss of this amount. O This is the additional revenue from the 701st unit. %24