⚙
Parameters
Production Function
TFP (A)
2.00
α (Computers exponent)
0.50
β (Teachers exponent)
0.50
Budget Constraint
Total Budget (R)
$320
Price of Computers (PC)
$2
Price of Teachers (PT)
$16
Display Options
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Exploration mode
Presets
Isoquants
Budget Line
Optimal
∑
Results
Production Function
A = 2 · C0.5 · T0.5
Optimal Allocation ✓ TANGENT
Computers (C*)
80.0
Teachers (T*)
10.0
Achievement (A*)
56.57
C*/T* Ratio
8.0
Marginal Products at Optimum
MPC
0.354
MPT
2.828
MPC / PC
0.177
MPT / PT
0.177
MRTS
0.125
PC/PT
0.125
Optimality Condition
MPC / PC
=
MPT / PT
⟺ MRTS = PC / PT