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Posted: **Wed Jul 06, 2022 6:20 pm**

: Given The Hourly Costs Machine P60 Worker P50 Each Input Has To Work In Integer Hour Hours Used 1 2 3 45 6 98 7 8 Marg 1 (62.68 KiB) Viewed 13 times

: Given The Hourly Costs Machine P60 Worker P50 Each Input Has To Work In Integer Hour Hours Used 1 2 3 45 6 98 7 8 Marg 2 (53.55 KiB) Viewed 13 times

Given the hourly costs: Machine-P60; Worker-P50 Each input has to work in integer hour Hours Used 1 2 3 45 6 98 7 8 Marginal Product Machine 15 18 21 18 15 12 9 3 Worker 8 10 10 10 8 8 6 6 4 42 2 If the daily budget for the 2 inputs is P570, what is the optimal mix of machine-hours and worker-hours, respectively? [Select] What is the total product for this optimal mix of machine- hr & worker-hr with daily budget of P570 ? [Select] After how many hours of use does diminishing marginal return (product) set in for the machine?

23 4 5 6 7 8 18 21 18 85 15 12 9 3 10 10 10 8 6 4 2 If the daily budget for the 2 inputs is P570, what is the optimal mix of machine-hours and worker-hours, respectively? [Select] What is the total product for this optimal mix of machine- hr & worker-hr with daily budget of P570 ? [Select] After how many hours of use does diminishing marginal return (product) set in for the machine? [ Select ]