Suppose a firm the following production function: f(x1,x2)=x_1^(1/2) x_2^(1/2)
This firm purchases inputs and sells output in competitive markets. The price of output is $10 per unit and the prices of the inputs x1 and x2 are $10 and $2 respectively. In the short run x2 is fixed and equal to 16. The marginal product for input 1 is: MP1=4/(x_1^(1/2) )
a) What is the profit maximizing level of input 1 for this firm
to hire?
b) What is the profit maximizing level of output and the associated
level of profits?
c) Derive a function describing isoprofit lines for this firm.
Calculate and describe the slope of an isoprofit line for this
firm.
d) Suppose the price of input 1 increases to $20. Use your
isoprofit function to find the optimal amount of input 1 for this
firm to hire.
In: Economics
A box with mass m is dragged across a level floor having a coefficient of kinetic friction ?k by a rope that is pulled upward at an angle ? above the horizontal with a force of magnitude F.
Part A
In terms of m, ?k, ?, and g, obtain an expression for the magnitude of force required to move the box with constant speed.
Part B
Knowing that you are studying physics, a CPR instructor asks you how much force it would take to slide a 90-kg patient across a floor at constant speed by pulling on him at an angle of 25? above the horizontal. By dragging some weights wrapped in an old pair of pants down the hall with a spring balance, you find that ?k=0.35. Use the result of part A to answer the instructor's question.
In: Physics
C++!!!
PLEASE PAY ATTENTION TO THE BOLD TEXT VERY WELL. THANK YOU
Write a program that creates three identical arrays, list1, list2, and list3, of 5000 elements. The program then sorts list1 using bubble sort, list2 using selection sort, and list3 using insertion sort and outputs the number of comparisons and item assignments made by each sorting algorithm.
Please use the file names listed below since your file will have the following components:
Ch18_Ex15.cpp
searchSortAlgorithms.h
In: Computer Science
The table below uses
data for the year 2014, adjusted to be comparable to each other.
All population values are in thousands.
| Country |
Adult population |
Labour force |
Employed | Unemployed |
Unemployment rate (%) |
Labour-force participation rate (%) |
| Japan | 77,550 | 62,886 | 2,416 | |||
| France | 30,052 | 2,975 | 56.0 | |||
| Germany | 53,387 | 42,165 | 5.0 |
Instructions: Round your answers to one decimal
place.
a. Fill in the blanks in the table above.
b. In part a, you should have found that the unemployment rates of the three countries differ significantly from one another. Select the possible reasons to explain why the countries might have different unemployment rates.
Germany could be in a recession and have higher cyclical
unemployment, or .Germany could have more powerful unions. or
Germany could have higher (and binding) minimum wages. or Japan
could have a more liberalized labour market leading to lower
frictional unemployment. or Germany and France could have more
generous employment benefits. or All of the choices are
correct.
In: Economics
Calculate the required area of flexure steel bars for a balanced rectangular section of a simply supported beam 3.5 m long, sustaining a total uniform service load of 15 kN/m and a concentrated service load of 50 kN at midspan. Use Working Stress Design Method with b = 0.5d, f'c = 21 MPa, fs = 170 MPa, concrete cover of 40 mm, stirrup diameter of 10 mm and rebar diameter of 16 mm. Philippines
In: Civil Engineering
Describe the QE policy. How did the Fed’s balance sheet change? How does QE compare to traditional open market operations?
In: Economics
Much of what Freud said was not only odd but also wrong. But some of his ideas might have been right.
Regardless, Freud is almost as popular today as he was at
the time of his death, which says a great deal since he died more
than 80 years ago. Many people treat him as someone possessing the
absolute truth, almost someone with cult-like
status.
In: Psychology
Qualified Tuition Programs (QTP) allows taxpayers to buy in-kind tuition credits for qualified higher education expenses or to contribute to an account.
What are the inclusions of in-kind tuition credits for qualified higher education expenses and the contribution to the educational incentive account? Explain.
In: Accounting
***USING C++***
(a) Write a program that reads a text file in which each line in the file consists of a first name, a last name, following by 4 grades (double types) like Tim Hanes 78.3 98.0 80.5 72.3 The program must read every line of the text file, find the average of the 4 grades then print the names followed by the averages (one name per line) in a second file as well as on the monitor. Create the text file with at least 5 entries with the format given in part (a). Give the absolute path of the file in your computer. Test your program in part 2(a) on this file.
In: Computer Science
Can you show how you would write the 5 entries with notes
-------------------------------------------------------------------
Equipment $650,000
Accumulated depreciation ($280,000) $370,000
The equipment consisted of two machines, Machine X and Machine Y. Both machines are measured using the cost model and depreciated on a straight-line basis over a 10-year period. As at 30 June 2018, these machines were reported as follows:
Machine X – Cost $380,000
Carrying amount $190,000
Machine Y – Cost $270,000
Carrying amount $180,000
On 31 December 2018, the directors of Baker and Anderson Ltd decided to change the basis of measuring equipment from the cost model to fair value model. Machine X was revalued to $200,000 with an expected useful life of 6 years, and Machine Y was revalued to $160,000 with an expected useful life of 5 years.
On 1 July 2019, Machine X was assessed to have a fair value of $175,000 with an expected useful life of 5 years, and Machine Y’s fair value was $143,000 with an expected useful life of 4 years.
Required:
In: Accounting
C++ , please answer both
1) Code a function object class which can scale data toward a desired maximum given the actual maximum and the desired maximum. (Reminder: to scale a value v use v*desired/actual.)
then after this
2) Show how to use your function object class from above to fix the following test scores. (What kind of loop would be most appropriate?) (Hint: What is the desired maximum of a typical test?)
double scores[MAX] = { 42, 55.5, 82, 74.5, 62 };In: Computer Science
Q1) A(n) 8.3% bond matures in 7 years and has a current yield (not YTM) of 6%. The bond's current trading price is $________.
Q2) A 4% coupon bond with 6 months remaining until maturity is currently trading at $997.26. Assume semi-annual coupon payments. The bond's YTM is__________%.
If you can do both, please do! Thank you.
In: Finance
All the living things in one area combined with the non-living parts of that environment is a/an:
Question 15 options:
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In: Biology
Write a 2-3 page essay arguing your position on whether Kant is correct in his conception of morality being solely concerned with right actions. Is his conception of right actions correct? As always, demonstrate your understanding through the description of the theory, craft a valid argument and support your premises.
In: Psychology