Question 1 Homework Answered Using the production function Q=(K^(3/2)) (L^(3/2)), what is the marginal productivity of labor (MPL) at K-2 and L-3? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 3"(6^(1/2)) (2^(1/2)*(3시(1/2) 6시(1/2) A Resubmit Answered - Incorrect. 1 attempt left Question 2 Homework Answered Still using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of capital (MPK) at K-3 and L4? Select an answer and sabmit. For keyboard navigation, use the up/down arrow keys to select an answer. 6^(3/2) b. 12 (3^(1/2)) 12 (6^(1/2)) Your answer Answered - Incorrect 1 attempt left A Resubmit Question 5 Homework Answered Does the production function Q (K^(3/2))*(L^(3/2)) exhibit increasing, decreasing or constant returns to scale? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. decreasing Your answer constant increasing Answered - Incorrect. 1 attempt left A Resubmit

Question 1 Homework Answered Using the production function Q=(K^(3/2)) (L^(3/2)), what is the marginal productivity of labor (MPL) at K-2 and L-3? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 3"(6^(1/2)) (2^(1/2)(3시(1/2) 6시(1/2) A Resubmit Answered - Incorrect. 1 attempt left Question 2 Homework Answered Still using the production function Q=(K^(3/2))(L^(3/2)), what is the marginal productivity of capital (MPK) at K-3 and L4? Select an answer and sabmit. For keyboard navigation, use the up/down arrow keys to select an answer. 6^(3/2) b. 12 (3^(1/2)) 12 (6^(1/2)) Your answer Answered - Incorrect 1 attempt left A Resubmit Question 5 Homework Answered Does the production function Q (K^(3/2))*(L^(3/2)) exhibit increasing, decreasing or constant returns to scale? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. decreasing Your answer constant increasing Answered - Incorrect. 1 attempt left A Resubmit

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The graph shows the market for mugs in which the government has imposed a tax of $4 per mug. Draw a point to show the price paid by buyers and the quantity bought. Draw shapes that represent the following: 1) consumer surplus. Label it CS. 2) producer surplus. Label it PS. 3) the tax revenue received by the government. Label it TR. 4) the deadweight loss created by the tax. Label it DWL. >>> A label can be repositioned by clicking on the edge of the label box and dragging it onto the shape. esc ↑. C Selected: none $ ▸ 0
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M1
There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. If the tenants have the right to be free of loud music enforced through a property rule, how many bands will play in Rock‐n‐Roll Bar on a Saturday night? A. Zero B. One C. Two D. Three E. It depends on transaction costs
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Pls help ASAP
What are the Revenue projects?
There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed below. Assume the bar owner has the right to hire as many bands as she likes. Iftransaction costs were $90, split between the bar owner and the tenants, how manybands would play? What would social welfare be? A. Three bands would play and social welfare would be ‐100.B. Two bands would play and social welfare would be 75.C. Two bands would play and social welfare would be ‐15.D. No bands would play and social welfare would be 0.E. Three bands would play and social welfare would be ‐190