if a product function of a firm is given by Q=k^2L^3 & the input price r=8 w=2 A find the level of 'L' &'k' that maximizes output total outlay 240
if a product function of a firm is given by Q=k^2L^3 & the input price r=8 w=2 A find the level of 'L' &'k' that maximizes output total outlay 240
Chapter10: Cost Functions
Section: Chapter Questions
Problem 10.6P
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if a product function of a firm is given by Q=k^2L^3 & the input price r=8 w=2
A find the level of 'L' &'k' that maximizes output total outlay 240
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