Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 10 Oct 2017 My Price 3.00

production functions

Assume that Brazil and the United States have different production functions q = f(k), where q is output per worker and k is capital per worker. Let q = Ak1/3. You are told that relative to the U.S. = 1, Brazil has an output per worker of 0.32 and capital per worker of 0.24. Can A be the same in Brazil as in the United States? If not, compute the level of A for Brazil. What is Brazil’s MPK relative to the United States?

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Maurice Tutor
(5)
Status NEW Posted 10 Oct 2017 10:10 PM My Price 3.00

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