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The output of a production process, Q is given by the function 2K^(-3)L^(5/2)/2K log4 6L^2 where K and L denote capital and Inbour. Calculate the output when the capital and labour are 10 and 20 units, respectively.

The output of a production process, Q is given by the function 2K^(-3)L^(5/2)/2K log4 6L^2 where K and L denote capital and Inbour. Calculate the output when the capital and labour are 10 and 20 units, respectively.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The output of a production process, Q is given by the function
2K^(-3)L^(5/2)/2K log4 6L^2
where K and L denote capital and Inbour. Calculate the output when the capital and labour are 10 and 20 units, respectively.  

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