Question
Suppose that a firm has the cost function for a plant as
given below C(w, r, q) = 0.5q(w+r) where q is output, w is the cost of labour l and r is the cost of capital k. Find out the production function for the firmSolution
When expenditure (cost) function is given and we need to calculate production function. Then use Shepherd’s Lemma.
Select the option in which the numbers are related in the same way as are the numbers of the following sets. Â
(63, 7, 16)
(68, 4, 21)
What should come in place of the question mark (?) in the following series based on the above arrangement?
Z A 9 4 Δ ...
- X started a business with Rs.12000. After 6 months, Y joined with x% of X’s capital. At the end of the year, Y’s share in the Rs.36000 total profit was...
The Internet utilizes the TCP/IP  protocol  and is accessed using a computer modem  or network that is connected through an ISP . What is t...
- In a 800 metres race, Tanya beats Ravi by 160 metres and Sumit by 240 metres. By how many metres does Ravi beat Sumit in the same race?
Select the option in which the pair of letter clusters is related in the same way as the pair of letter clusters given below.
RWG: UDD
Following is the step III for an input. What will be the second step for the input?
Step III: 45 47 342 121 55 211 414
Which of the following is also known as IEEE 802.3 standard?
If Rahul is 20th in the queue from either end then, how many people are there in the queue?
- The price of a product is first reduced by 15% and then increased by 25%. If the final price is ₹690, then find the original cost price.