经济学问题
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a) The profit-maximizing K⁺is given by K⁺=f⁻¹(p). When the price p increases, K⁺also increases in order to maximize profits, as higher prices mean the company can produce more while still making a profit.b) The maximization problem is: maxE[π]=pE[f(K)]-E[K]. The optimal solution K⁺is given by K⁺=f⁻¹(μ). As μincreases, K⁺also increases in order to maximize expected profits, as higher μmeans the company can produce more at a lower cost and make a larger profit.
咨询记录 · 回答于2023-01-10
经济学问题
亲,请您发一下题目哈
a) The profit-maximizing K⁺is given by K⁺=f⁻¹(p). When the price p increases, K⁺also increases in order to maximize profits, as higher prices mean the company can produce more while still making a profit.b) The maximization problem is: maxE[π]=pE[f(K)]-E[K]. The optimal solution K⁺is given by K⁺=f⁻¹(μ). As μincreases, K⁺also increases in order to maximize expected profits, as higher μmeans the company can produce more at a lower cost and make a larger profit.
还有问题吗亲?