dse 2012 micro

Posted by econ14 on Jan 02, 2014; 6:55pm
URL: http://discussion-forum.276.s1.nabble.com/dse-2012-micro-tp7584483.html

A rm producing hockey sticks in Punjab has a production
function given by Q = 2p
KL where K stands for capital, L stands for labour
and Q stands for output. The rental rate of capital is Rs 1 and the wage rate
is Rs 4. What will be the rm's cost function?
(a) 2Q
(b) Q
(c) Q2
(d) 2Q2
 plz help