How much capital does a firm require to produce q = 3200 when labor is

How much capital does a firm require to produce q = 3200 when labor is 4 and they have a production function equal to q = 200L0.5K0.5?

A) K = 64
B) K = 8
C) K = 16
D) K = 25

 

ANSWER

A

 

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00