Given the linear production function Q = 2K + 10L, if Q = 2,000 and L =

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Given the linear production function Q = 2K + 10L, if Q = 2,000 and L = 100, how much capital is utilized?
500 units
800 units
600 units
1,000 units

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Question Posted: Apr 18, 2017 12:06 PM

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Given the linear production function Q = 2K + 10L, if Q = 2,000 and L =

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Q 2K10L 20002K10100 20002K 1000 K 10002 ...View the full answer

Microeconomics An Intuitive Approach with Calculus

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