Multiple Choice
A donut shop has a production function given by Q = 50K1/3L1/2, where Q is the number of donuts produced per hour, K is the number of donut fryers (which is fixed at eight in the short run) , and L is the number of employed workers. How many donuts can be produced per hour with four workers in the short run?
A) 200
B) 167
C) 320
D) 84
Correct Answer:
Verified
Correct Answer:
Verified
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