Suppose the Production Function for a Bakery Is

question 53

Multiple Choice

Suppose the production function for a bakery is:
Q = 4K^0.4L^0.6
Where Q is the number of loaves of bread produced per day, K is the number of ovens, and L is the number of workers employed. The function for the marginal product of labor is ____.

• A) 2.4K^0.4L^-0.4
• B) 1.6K^-0.6L0^.6
• C) KL
• D) (3/2)KL^-1

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Understand different question formats and their implications in counseling.

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Definitions:

Iodocyclohexane

An organic compound consisting of a cyclohexane ring in which one hydrogen atom has been replaced by an iodine atom.

Methanol

The simplest alcohol, with the chemical formula CH3OH, used as a solvent, antifreeze, fuel, and as a feedstock for chemical synthesis.

Mechanisms

The step-by-step sequences of elementary reactions by which overall chemical change occurs.

Carbocation Intermediate

A positively charged carbon species that appears as a reactive intermediate in many organic reactions.