2.) Sugar Enterprises manufactures high speed personal computers as its main product line. Its short run production function is given by Q = 3600K - 4.5K² where Q is the number of computers produced in a week and K pertains to the number of units of capital. a.) How many units of capital are needed to maximize production output? b.) Find the maximum number of computers that can be produced by the firm in a week. c.) Compute the marginal product of the 200th unit of capital.

2.) Sugar Enterprises manufactures high speed personal computers as its main product line. Its short run production function is given by Q = 3600K - 4.5K² where Q is the number of computers produced in a week and K pertains to the number of units of capital. a.) How many units of capital are needed to maximize production output? b.) Find the maximum number of computers that can be produced by the firm in a week. c.) Compute the marginal product of the 200th unit of capital.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter7: Production And Cost In The Firm

Section: Chapter Questions

Problem 3.7P

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