The Internet Economy

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2. MPL/-2K+2L, MPK/3K*2L

3. (a) dQ/dP(P/Q)=-1 (b) dQ/dP(P/Q)=-1/9 (c) dQ/dP(P/Q)=1 (d)dQ/dP(P/Q)=2/3

4. X1=454.55 X2=145.45

5. (a) i=.0759 (b) r=.0732

6. X=-2.2919

7. X=-5 Y=40 =130

8. Qd=Q5=23.66

9. dK/dL=-K/L dL/dK=-L/K

10. (a)Q=.421 (b)P=8.264

(a) Q=.52 (b) P=6.68 (c) Profit(Post-tax)=.4436 Profit(pre-tax)=.598

If you have a question regarding to the answers, send your e-mail to => nhashemz@runet.edu

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