Re: JNU -1999

Posted by kangkan on Mar 26, 2014; 6:03pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-1999-tp7585510p7585569.html

Hi ashmia..

i made the mistake to first.. lets assume i have 1 unit of capital... anything above 2/3 units of capital will be useless to me.. because if l>2/3 than 6l will be greter than 4...but y=min[4k,6l] ..for k=1 and l=2/3 we have y=min[4,4]=4..lets assume l=0.75(>2/3)..than y=min[4,4.5]=4..hence any extra labor will be useless..

hence for 1 unit of capital,i can use only2/3 units of labour