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Author Question: Suppose a production function for a firm takes the following algebraic form: Q = (0.5)KL - 40L, ... (Read 37 times)

abcdef9106

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on: Oct 12, 2022
Suppose a production function for a firm takes the following algebraic form: Q = (0.5)KL - 40L, where Q is the output of paintbrushes per week. Now suppose the firm is operating with 100 units of capital (K = 100) and 30 000 units of labour (L = 30 000). What is the output of paintbrushes per week?
◦ 300 000
◦ 3 000 000
◦ 1 200 000
◦ 1 500 000
◦ 30 000
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by abcdef9106 on Oct 12, 2022

MajorWaffle

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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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abcdef9106

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

tuate

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

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