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Question 6 (1 point) Suppose that a firm's production function of output Q is a function of only two inputs, labor (L) and capital (K)
Question 6 (1 point) Suppose that a firm's production function of output Q is a function of only two inputs, labor (L) and capital (K) and can be written Q = 10.610.2. Letting the wage rate for labor be 30, the rental rate of capital be 10, and the price of output be 100, the firm will produce how much output? a) 32 O b) 0.03 O c) 0.50 O d) 80
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