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Suppose That a Company's Production for Q Units of Its

Question 29

Multiple Choice

Suppose that a company's production for Q units of its product is given by the Cobb-Douglas production function Suppose that a company's production for Q units of its product is given by the Cobb-Douglas production function , where K is dollars of capital investment and L is labor hours. Find Q if K = $8,600 and L = 640 hours. Round your answer to the nearest whole number. ​ A) 94,327 units B) 1,225 units C) 1,017 units D) 25,732 units E) 13,440 units , where K is dollars of capital investment and L is labor hours. Find Q if K = $8,600 and L = 640 hours. Round your answer to the nearest whole number. ​


A) 94,327 units
B) 1,225 units
C) 1,017 units
D) 25,732 units
E) 13,440 units

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