Joe owns a small coffee shop, and his production function is…

Joe owns a small coffee shop, and his production function is q = K1/2L1/2 where q is total output in cups per hour, K is the number of coffee machines (capital), and L is the number of employees hired per hour (labor).  Joe’s capital is currently fixed at K=64 machines, the price of K is $5 and the price of L is $16. The marginal cost is MC=[r1] q. (please keep one decimal places)

Use the following two statements to answer this question: I….

Use the following two statements to answer this question: I. The marginal product of labor is the slope of the line from the origin to the total product curve at that level of labor usage. II The average product of labor is the slope of the line that is tangent to the total product curve at that level of labor usage.

V. Struktur: Dativpräpositionen The film Bella Martha is abo…

V. Struktur: Dativpräpositionen The film Bella Martha is about a chef and her family and friends. Read over these few key moments and choose the correct preposition. (5 points) Martha arbeitet [1] einem italienischen Koch, der Mario heißt. In der Küche gibt es oft Probleme zwischen Martha und Mario. Die achtjährige Nichte [2] Martha heißt Lina. Lina lebt mit Martha zusammen, aber Lina möchte [3] ihrem Vater Giuseppe [4] Italien fahren. Eines Tages kocht Mario Abendessen für Martha und Lina. Er kauft Lebensmittel [5] dem Supermarkt.