1. In the short term, if your friend has Rp 200,000,000 per week, how many apps is he able to produce?2. If your friend wants to produce 18 apps per week in the long term, how many programmers (L) dan cloud servers (K) are needed, and what is the total cost? Your friend, a FASILKOM UI alumni, wants to start a business in apps development, because duringpandemic time many start-ups need apps development services for their business. He, therefore,looks for programmer (labor-L) and cloud server (capital-K) to start producing apps. He plans to hirejobless fellow alumni, and estimates that the salary for a programmer is Rp 4,000,000 per week. Therental cost of a cloud server is Rp 1,000,000 per week. Currently, your friend has already rented 4cloud servers. To develop an app, the production function consist of equal proportion of programmerand cloud server, given by q = L0.5 + KO.5.%3D

The production function shows the technical relationship between the inputs used and the output…

In the short term, if your friend has Rp 200,000,000 per week, how many apps is he able to produce? 2. If your friend wants to produce 18 apps per week in the long term, how many programmers (L) dan cloud servers (K) are needed, and what is the total cost?

In the short term, if your friend has Rp 200,000,000 per week, how many apps is he able to produce? 2. If your friend wants to produce 18 apps per week in the long term, how many programmers (L) dan cloud servers (K) are needed, and what is the total cost?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 10E

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