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We Manufacturer Automobiles Given the Production Function Q = 5KL

question 59

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We manufacturer automobiles given the production function q = 5KL where q is the number of autos assembled per eight-hour shift, K is the number of robots used on the assembly line (capital) and L is the number of workers hired per hour (labor) . If we use K = 10 robots and L = 10 workers in order to produce q = 450 autos per shift, then we know that production is:


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