Economics

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Question

A. what kind of economics to scale does this firm exhibit?

B. suppose the firm double its production what can you on its new production? should the firm decentralize or centralize its operations?

c. if the values of the parameters are changed. would you change you change your answee to b? be employed, if Labo=30 is unchanged

suppode that the demand function for is given as x=BPx-1/2 and the optimal units of the inputs and Kapital = 20, and Labo=30. what is the optimal price Px of the firm’s output?