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Find out the maximum possible output for a firm with zero unit of L and 10 units of K when its production function is : Q=5L+2K. |
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Answer» Solution :Given : `Q=5L+2K`. And `L=0` UNITS, `K=10` units Putting the values of L and K in the f=given production, we GET: `Q=5(0)+2(10)` Q or MAXIMUM output `= 20` units. |
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