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    2001-7-11 · This production function exhibits constant returns to scale. 2. The production function for a product is given by Q = 100KL. If the price of capital is 120 per day and the price of labor 30 per day, what is the minimum cost of producing 1000 units of output? The cost-minimizing combination of capital and labor is the one where MRTS MP MP w r ...

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    2020-2-26 · Write a SQL query to find the name and price of the cheapest item(s). Sample table: item_mast . Sample Solution: SELECT pro_name, pro_price FROM item_mast WHERE pro_price = (SELECT MIN(pro_price) FROM item_mast); Output of the Query: pro_name pro_price ZIP drive 250.00 Mouse 250.00. Practice Online ...

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