The Return of Detroit City: Enpar manufactures engine parts for Ford using steel as an input. Enpar operates two plants, one in Detroit, MI and one in Greenville, SC. The production functions for the two Enpar plants are: Detroit: QD= 13SD - 0.25 Sp² Greenville: QG= 60SG-0.5 SG² where QD and QG are the outputs of engine parts (in units) from the Detroit and Greenville plants, respectively. Sp and SG are the amounts of steel for the two plants. The firm has 109 units of steel available. How much steel should be sent to Detroit? Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.

The Return of Detroit City: Enpar manufactures engine parts for Ford using steel as an input. Enpar operates two plants, one in Detroit, MI and one in Greenville, SC. The production functions for the two Enpar plants are: Detroit: QD= 13SD - 0.25 Sp² Greenville: QG= 60SG-0.5 SG² where QD and QG are the outputs of engine parts (in units) from the Detroit and Greenville plants, respectively. Sp and SG are the amounts of steel for the two plants. The firm has 109 units of steel available. How much steel should be sent to Detroit? Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.

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

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 9E

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The Return of Detroit City: Enpar manufactures engine parts for Ford using steel as an input. Enpar operates two plants, one in Detroit, MI and one in Greenville, SC. The production functions for the two Enpar plants are:Detroit: QD= 18SD – 0.25 SD2 Greenville: QG= 43SG – 0.5 SG2 where QD and QG are the outputs of engine parts (in units) from the Detroit and Greenville plants, respectively. SD and SG are the amounts of steel for the two plants. The firm has 104 units of steel available.How much steel should be sent to Detroit?Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.
Show that the two-input CES production(attached) has DRS, CRS, or IRS depending on whether B (beta) is smaller than, equal, or greater than 1.
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