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Consider the following production function: Q = 2K + 5L. The price of capital is €10 per unit and the price of labour is €20 per unit. The firm wants to produce 100 units of output. The number of units
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43 votes
Consider the following production function: Q = 2K + 5L. The price of capital is €10 per unit and the price of labour is €20 per unit. The firm wants to produce 100 units of output. The number of units of labour that the firm will hire is

A.
50

B.
5

C.
25

D.
20

User Mazhar
by
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1 Answer

25 votes
25 votes

Answer: I don't know

Explanation: I don't know

User Ngodup
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