Answered: Suppose that the production function q…

Suppose that the production function q = f(L,K), shows that if L = 3 and K = 5 then q = 10. Is it possible that L = 3 and K = 6 yields q = 11 for this production function?

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 3SQP

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Suppose that the production function q = f(L,K), shows that if L = 3 and K = 5 then q = 10. Is it possible that L = 3 and K = 6 yields q = 11 for this production function?

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