A college football coach says that given any two linemen A and B, he always prefers the one who is bigger and faster. Is this preference relation transitive? Is it complete?

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter16: Labor Markets
Section: Chapter Questions
Problem 16.7P
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  1. A college football coach says that given any two linemen A and B, he always prefers the one who is bigger and faster. Is this preference relation transitive? Is it complete?

The production function for puffed rice is given by q  , where q is the number of boxes produced per hour, K is the number of puffing guns used each hour, and L is the number of workers hired each hour.

  1. Calculate the q = 1,000 isoquant for this production function and show it on a graph.
  2. If K = 10, how many workers are required to produce q = 1,000? What is the average productivity of puffed-rice workers?
  3. Suppose technical progress shifts the production function to , answer parts a

and b for this new situation.

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