A firm has the following fixed proportion production function q = min(k, 2l). a. Find the firms long-run total, average, and marginal cost functions. b. Suppose that k is fixed at 20 in the short run. Calculate the firms short-run total, average, and marginal cost functions. c. Suppose v = 1 and w = 3. Calculate this firms long-run and short-run average and marginal cost curves. Q4. A firm’s production function is given by q = 2z1 + 3z2. Given the input prices, w1 for z1 and w2 for z2. a. Find the input demands z1 and z2 minimizing the cost of producing the level of output q. b. Find the cost function for producing the level q.

step-by-step explanation:

f(x)=2x^2 -1 

translation is a function transformation that transform the function in a way of translating. by translating the function its graph is moved  up an down. moving the function f(x) 2 units to the left will be the new function g(x) with the equation: g(x)=f(x+2)=2(x+2)^2 -1

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!

b

step-by-step explanation: