Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
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Suppose a firm is producing computer monitors utilizing the following technology: Q=F(K,L)=L1/3K2/3
Q – weekly output L – labor hours K – hours of capital use
Would the firm with the above production function be able to produce monitors using only capital (no labor)? Explain.
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