A firm produces output according to the following production…

A firm produces output according to the following production function: q  =  2 L1/2  +  4 K1/2 The price of labor is w = 20, the price of capital is r = 20 and there is a set-up cost F = 1,000 that the firm only pays if it decides to produce in the market. If the firm wants to produce ‘q’ units of output, solve the cost minimization problem. Obtain total cost C* (as a function of output level q). If the firm wants to produce 60 units of output, determine how much it will cost the firm.

A firm produces output according to the following production…

A firm produces output according to the following production function: q  =  2 L1/2  +  4 K1/2 The price of labor is w = 20, the price of capital is r = 20 and there is a set-up cost F = 1,000 that the firm only pays if it decides to produce in the market. If the firm wants to produce ‘q’ units of output, solve the cost minimization problem. Obtain total cost C* (as a function of output level q). Now assume that the firm operates under monopoly and the inverse demand function is p = 120 – 5 q Use the solution to the cost minimization problem to solve the profit maximization problem of this firm. Then do the following: Determine the Lerner Index for this market.

Refer to Figure 1.  The tibialis anterior muscle can be sepa…

Refer to Figure 1.  The tibialis anterior muscle can be separated from its origin if the knee sustains a heavy impact to the side. Name the boney landmark described in this injury including the name and label from the figure.  NAME of boney landmark: [a] NUMBER for the landmark from the figure: [b]

Refer to Figure 1 Consider the bones labeled A through E in…

Refer to Figure 1 Consider the bones labeled A through E in this figure. Include the NAME and Letter for each bone that best answers the following questions.  Which of these bones would be both most distal and lateral?: [a] Which of these bones would be most proximal?: [b]

Refer to Figure 1 Consider the bones labeled A through E in…

Refer to Figure 1 Consider the bones labeled A through E in this figure. Include the NAME and Letter for each bone that best answers the following questions.  Which of these bones would be most proximal?: [a] Which of these bones would be both most distal and medial?: [b]

Refer to Figure 5.  The hamstrings are all able to flex the…

Refer to Figure 5.  The hamstrings are all able to flex the knee, but only one of these muscles is able to laterally rotate the thigh at the hip. Identify the hamstring muscle that is able to laterally rotate the thigh, including the number for this muscle from the figure, and briefly explain what is different about this muscle compared to the other hamstrings that gives it this action.  Name of muscle: [a] Numbered Label for muscle: [b] Explanation for this unique action: [c]