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27 March, 03:24

A firm produces output according to the production function: q = f (k, l) = 4k + 8l.

a. how much output is produced when k = 2 and l = 3?

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  1. 27 March, 05:04
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    First you enter in the variables given into the equation. so 4 (2) + 8 (3) a. Then simplify so 8+24a. so q = 24a+8
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