Which is the correct corresponding production function? O Q=L+4K O Q=3L + 5K O Q=3L + 3K O Q = 8LK

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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From the following data:

| Total orders (Q) | # of workers (L) | # of machines (K) |
|-------------------|------------------|-------------------|
| 8                 | 1                | 1                 |
| 13                | 1                | 2                 |
| 18                | 1                | 3                 |
| 21                | 2                | 3                 |
| 26                | 2                | 4                 |

**Which is the correct corresponding production function?**

- ○ Q = L + 4K
- ○ Q = 3L + 5K
- ○ Q = 3L + 3K
- ○ Q = 8LK
Transcribed Image Text:From the following data: | Total orders (Q) | # of workers (L) | # of machines (K) | |-------------------|------------------|-------------------| | 8 | 1 | 1 | | 13 | 1 | 2 | | 18 | 1 | 3 | | 21 | 2 | 3 | | 26 | 2 | 4 | **Which is the correct corresponding production function?** - ○ Q = L + 4K - ○ Q = 3L + 5K - ○ Q = 3L + 3K - ○ Q = 8LK
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