SlideShare una empresa de Scribd logo
1 de 1
Descargar para leer sin conexión
3. Consider the following two factor production function:
q = x10.5x20.5
The prices of the two factors w1 and w2.
a) What is the conditional demand for factor one, x1(w,q)?
b) What is the cost function, c(w,q), corresponding to this production function?
c) What is the relationship between the cost function and the Lagrange multiplier?

Más contenido relacionado

Más de alliedscorporation

3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf
3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf
3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf
alliedscorporation
 
27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf
27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf
27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf
alliedscorporation
 
4. Trudy fue contratada por Food Corporation para manejar una demand.pdf
4. Trudy fue contratada por Food Corporation para manejar una demand.pdf4. Trudy fue contratada por Food Corporation para manejar una demand.pdf
4. Trudy fue contratada por Food Corporation para manejar una demand.pdf
alliedscorporation
 
4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf
4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf
4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf
alliedscorporation
 
22. 23. Some strains of Escherichia coli bact.pdf
22. 23.  Some strains of Escherichia coli bact.pdf22. 23.  Some strains of Escherichia coli bact.pdf
22. 23. Some strains of Escherichia coli bact.pdf
alliedscorporation
 

Más de alliedscorporation (20)

3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf
3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf
3) �Qu� caracter�sticas de la industria deber�an influir en la estra.pdf
 
3)These are my Hypothesis 1. There is a positive impact of virt.pdf
3)These are my Hypothesis 1. There is a positive impact of virt.pdf3)These are my Hypothesis 1. There is a positive impact of virt.pdf
3)These are my Hypothesis 1. There is a positive impact of virt.pdf
 
3) Total parenteral nutrition (TPN) is a method of getting an indivi.pdf
3) Total parenteral nutrition (TPN) is a method of getting an indivi.pdf3) Total parenteral nutrition (TPN) is a method of getting an indivi.pdf
3) Total parenteral nutrition (TPN) is a method of getting an indivi.pdf
 
2�1+3�2=84�13�2=2 Use Excel to solve for x1,x2.pdf
2�1+3�2=84�13�2=2 Use Excel to solve for x1,x2.pdf2�1+3�2=84�13�2=2 Use Excel to solve for x1,x2.pdf
2�1+3�2=84�13�2=2 Use Excel to solve for x1,x2.pdf
 
27-�Qu� nivel de personal en una firma de CPC maneja la relaci�n gen.pdf
27-�Qu� nivel de personal en una firma de CPC maneja la relaci�n gen.pdf27-�Qu� nivel de personal en una firma de CPC maneja la relaci�n gen.pdf
27-�Qu� nivel de personal en una firma de CPC maneja la relaci�n gen.pdf
 
27 Todos los siguientes se consideran fallas o tropiezos en el desar.pdf
27 Todos los siguientes se consideran fallas o tropiezos en el desar.pdf27 Todos los siguientes se consideran fallas o tropiezos en el desar.pdf
27 Todos los siguientes se consideran fallas o tropiezos en el desar.pdf
 
27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf
27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf
27. A continuaci�n se enumeran diez t�rminos seguidos de una lista d.pdf
 
24. In 2020, Katrina filed her 2019 Form 1040. She mailed her extens.pdf
24. In 2020, Katrina filed her 2019 Form 1040. She mailed her extens.pdf24. In 2020, Katrina filed her 2019 Form 1040. She mailed her extens.pdf
24. In 2020, Katrina filed her 2019 Form 1040. She mailed her extens.pdf
 
21. Quantcast.com provides the number of people from the United Stat.pdf
21. Quantcast.com provides the number of people from the United Stat.pdf21. Quantcast.com provides the number of people from the United Stat.pdf
21. Quantcast.com provides the number of people from the United Stat.pdf
 
2022 FederalState Tax Practice Questions 1. TF. Wealth includes a.pdf
2022 FederalState Tax Practice Questions 1. TF. Wealth includes a.pdf2022 FederalState Tax Practice Questions 1. TF. Wealth includes a.pdf
2022 FederalState Tax Practice Questions 1. TF. Wealth includes a.pdf
 
21 Manuel es gerente de una empresa manufacturera en la que se esp.pdf
21 Manuel es gerente de una empresa manufacturera en la que se esp.pdf21 Manuel es gerente de una empresa manufacturera en la que se esp.pdf
21 Manuel es gerente de una empresa manufacturera en la que se esp.pdf
 
4. Recreate and complete each table.a.) True or Falseb. True or.pdf
4. Recreate and complete each table.a.) True or Falseb. True or.pdf4. Recreate and complete each table.a.) True or Falseb. True or.pdf
4. Recreate and complete each table.a.) True or Falseb. True or.pdf
 
4. Use the spreadsheet template in Table 7.11 to simulate a customer.pdf
4. Use the spreadsheet template in Table 7.11 to simulate a customer.pdf4. Use the spreadsheet template in Table 7.11 to simulate a customer.pdf
4. Use the spreadsheet template in Table 7.11 to simulate a customer.pdf
 
26) Because information is scarceA) helps explain why equity contr.pdf
26) Because information is scarceA) helps explain why equity contr.pdf26) Because information is scarceA) helps explain why equity contr.pdf
26) Because information is scarceA) helps explain why equity contr.pdf
 
4. Trudy fue contratada por Food Corporation para manejar una demand.pdf
4. Trudy fue contratada por Food Corporation para manejar una demand.pdf4. Trudy fue contratada por Food Corporation para manejar una demand.pdf
4. Trudy fue contratada por Food Corporation para manejar una demand.pdf
 
28 Aunque su desempe�o les dar�a la credibilidad necesaria para in.pdf
28 Aunque su desempe�o les dar�a la credibilidad necesaria para in.pdf28 Aunque su desempe�o les dar�a la credibilidad necesaria para in.pdf
28 Aunque su desempe�o les dar�a la credibilidad necesaria para in.pdf
 
4. Which of the following structurescomponents is associated with.pdf
4. Which of the following structurescomponents is associated with.pdf4. Which of the following structurescomponents is associated with.pdf
4. Which of the following structurescomponents is associated with.pdf
 
4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf
4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf
4. Desarrollar t�cnicas de redacci�n comercial Puede mejorar su me.pdf
 
4. Minsu became an international rock star after participating in Di.pdf
4. Minsu became an international rock star after participating in Di.pdf4. Minsu became an international rock star after participating in Di.pdf
4. Minsu became an international rock star after participating in Di.pdf
 
22. 23. Some strains of Escherichia coli bact.pdf
22. 23.  Some strains of Escherichia coli bact.pdf22. 23.  Some strains of Escherichia coli bact.pdf
22. 23. Some strains of Escherichia coli bact.pdf
 

Último

Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Krashi Coaching
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
PECB
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
heathfieldcps1
 

Último (20)

Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajan
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 

3. Consider the following two factor production functionq = x10.5.pdf

  • 1. 3. Consider the following two factor production function: q = x10.5x20.5 The prices of the two factors w1 and w2. a) What is the conditional demand for factor one, x1(w,q)? b) What is the cost function, c(w,q), corresponding to this production function? c) What is the relationship between the cost function and the Lagrange multiplier?