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A firm produces output according to the production function: q = f(k,l) = 4k + 8l. a. how much output is produced when k = 2 and l = 3?

A firm produces output according to the production function: q = f(k,l) = 4k + 8l. a. how much output is produced when k = 2 and l = 3?
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A firm produces output according to the production function: q = f(k,l) = 4k + 8l.

a. how much output is produced when k = 2 and l = 3?

User Edsadr
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1 Answer

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First you enter in the variables given into the equation. so 4(2) +8(3)a. Then simplify so 8+24a. so q = 24a+8
User Douglas Daseeco
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