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Author Question: Suppose a production function for a firm takes the following algebraic form: Q = (0.25)K (1.5)L2, ... (Read 58 times)

camac77

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on: Oct 12, 2022
Suppose a production function for a firm takes the following algebraic form: Q = (0.25)K × (1.5)L2, where Q is the output of garage doors produced per month. Now suppose the firm is operating with 10 units of capital (K = 10) and 8 units of labour (L = 8). What is the output of garage doors per month?
◦ 3000
◦ 300
◦ 240
◦ 24
◦ 2400
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by camac77 on Oct 12, 2022

Tester

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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camac77

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

6ana001

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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