A Firm has the following production function πΈ = πππ³ β π. ππ³ π.
a.Using differential calculus find the unit of labor that maximizes the production.
b. Estimate function of Marginal product of labor.
c. Obtain the Average product of labor.
d. Find the point at which the marginal product of labor is equal to the average cost.Β
Calculate the standard enthalpy of formation per mole of ZnS(s).
ZnS(s) + O2(g) β ZnO(s) + SO2(g) ΞH = β878.2 kJ
ΞHfo(ZnO(s)) = β348.3 kJ/mol
ΞHfo (SO2(g)) = β296.8 kJ/mol
There is no difference between the marginal rate of substitution and the marginal rate of transformation.
Do you agree with this statement? Elaborate on your answer.
Use appropriate examples to discuss three critical assumptions about the properties of consumersβ
preferences.
Use well labeled diagrams to discuss the relationship between the price elasticity of demand and total
revenue.
Suppose that the price elasticity of demand for maple syrup has been estimated at -4. If quantity
demanded increased by 10 percent, price must have changed by
plot the supply and demand curve Qd= 3000-10P Qs=-10000 + 10P
plot the supply and demand curve Qd= 3000-10P Qs=-10000 + 10P
In a beauty contest, the ages of the contestants are normally distributed with a mean of
24 years and a standard deviation of 1.5. What percent of the contestants have age
between 22.5 and 27 years old?
You mix 20g of potassium nitrate with 100mL of water at 20oC. Describe the solution in terms of saturation.Β