Question
Consider the following production function Q =
20L – 0.2L2 – 20K + 0.2 K2 + 4KL If 20 units of capital is used , what is the upper limit of labor that a rational producer will use?Solution
Producer will use labour upto the point where MPL is greater or equal to 0. So, MPL ≥ 0 
Which Indian football academy’s U-14 team won the Norway Cup 2025?Â
- What major step has been taken by SEBI to regulate Algorithmic Trading in 2025?
Which organization's Director (Finance) has recently assumed the additional charge of Chairman and Managing Director of the company, according to the in...
What milestone did the Defence Ministry achieve with the â‚ą7,629-crore pact for K9 Vajra-T guns?
The headquarters of the World Trade Organization is located at:Â
How much funding did the Centre allocate for disaster mitigation and projects in states, including Urban Flood Risk Mitigation and Glacial Lake Outburst...
What was the significant impact of Hurricane Oscar on Cuba in October 2024?
What is the estimated global production share of turmeric by India?
Which river basin has the highest annual water availability in India as per the CWC's 2024 report?
- Which Indian airport became the first to launch hydrogen-powered ground support vehicles?
