Assume that the labour force is 16 workers, the capital stock is $6000, and output is $1700.If the production function is Y =zK¹/2 (Nd) ¹/2, the value of total productivity is 5.5.(Round to one decimal place as needed.)

Answered: Image /qna-images/answer/3c238fd4-f54e-401d-90fc-a780efc58941.jpg

Answered: Assume that the labour force is 16…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

The value of all goods and services produced in a nation during a specific period of time, as compared to an earlier period, is called the economic growth rate. It measures the change in a nation's gross domestic product (GDP). The United States had an economic growth rate of approximately 2.9%and GDP of approximately $20.58 trillion in 2018. If the economic growth rate is expected to stay the same for the next 3 years, what is the projected GDP for the year 2021? a $21.96 trillion b $23.15 trillion c $22.42 trillion d $22.31 trillion
The amount of the radioactive element Pragelium present in a sample can be calculated using a modelof the form A = A0ekt. The half-life of Pragelium is 13 years. Determine the value of k, rounding youranswer to four decimal places.
3. You have the information that the number of cases of influenza on Dec 31 (day 0) was 29 and on day 5 there were 32 cases. Define variables: t = time in days since Dec 31C = number of cases a. Assume this situation is linear. Write a formula for this situation. C=·t+29 c. Assume this situation is exponential. Write a formula for this situation. d. Use your exponential formula to determine when the number of cases will hit 128
The scrap value of a machine at the end of its useful life is given by S(n) = C(1-r)", where C is the original cost, n is the useful life of the machine in years, and r is the constant annual percentage of value lost. Find the scrap value of the following machine. Original cost, $49,000; life, 11 years; annual rate of value lost, 13% S=$ (Round to the nearest cent.)
An exponential function is given as 3 to the power x. Write the equation of the transformed function if the transformed function has horizontal asymtote as y = -1 and has y - intercept of 70.
A certain city's power company charges their residents for electricity usage on a daily basis. There is a basic charge of 11.57 cents. For each day the first 10 kWh cost 4.81 cents per kWh and any additional kWhs are 9.69 per kWh. (A kWh, or kilowatt-hour, is a unit of energy.) (a) Complete the following table using the information provided above. kWhkWh 0 5 10 15 20 cost (dollars)cost (dollars) kWhkWh 25 30 35 40 cost (dollars)cost (dollars) (b) We can define a piecewise function f(x)f(x) where xx is the kWh used in a day and f(x)f(x) is the cost, in dollars. This function would have the form f(x)={g(x)h(x)ififx∈Ax∈Bf(x)={g(x)ifx∈Ah(x)ifx∈B What functions g(x)g(x) and h(x)h(x) make up the piecewise function f(x)f(x)? g(x)=g(x)= for A = h(x)=h(x)= for B = Hint: A and B are intervals. If an interval uses ±∞±∞ write inf or -inf . (c) Using the above function, what is the cost of 26 kWh? dollars. (d) For 3 dollars, what is the maximum kWh usage for one…
In economics, the demand for a certain product (in thousand of units), can be expressed by an exponential demand function D(p) =2300(0.85)P where p is the price per unit. This is a decreasing function. A True В False
If $1000 is invested at 7% compounded monthly, then the future value of the investment after x years is given by the functiony = 1000(1+0.07/12)^12x,x≥0Calculate:Future value of investment after 15 years = Future value of investment after 14 years = Future value of investment after 20 months =
The Jones bought a new house for $149700. Because of economic growth in the area, the value of their house increased at an average rate of 8% per annum for 5 years. To model this growth, use an exponential function of the form y = a·b^x The value of their house after the 5 years, to the nearest dollar, was options: A) $209 580 B) $161 676 C) $198 754 D) $219 958
2. You bought a new computer for $2,500. Four years later, your computer is valued at $1,250. a. Assume that the cost function will be linear and write a linear function to describe the cost of the computer ?t years after you bought it. b. Assume that the cost function will be exponential (think of exponential decay) and write an exponential function to describe the cost of the computer ?t years after you bought it. c. For each function you just wrote, find the rate at which the cost is depreciating 3 years after you bought it. d. Which function do you think would be more accurate? Write a complete sentence or two describing why you think so.
A client’s orders are growing consistently at x% per year. A) If three years from now orders are 50% higher than today, what is the annual growth rate (x)? B) Write an expression (in terms of x) for how many years it will take until orders are double what they are currently

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS

Assume that the labour force is 16 workers, the capital stock is $6000, and output is $1700. If the production function is Y =zK¹/2 (Nd) 1/2, the value of total productivity is 5.5. (Round to one decimal place as needed.)