1.

Let theproduction function of a firm be Q = 2L2 K2.Find outthe maximum possible output that the firm can produce with 5 units ofL and 2 units of K. What is the maximum possible outputthat the firm can produce with zero unit of L and 10 units ofK?

Answer»

Let the
production function of a firm be Q = 2L2 K2.


Find out
the maximum possible output that the firm can produce with 5 units of
L
and 2 units of K. What is the maximum possible output
that the firm can produce with zero unit of L and 10 units of
K?



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