A Firm's Production Function Is Given by Q = KL $\frac { 2 } { 9 }$

question 9

Multiple Choice

A firm's production function is given by Q = KL
Unit capital and labour costs are $2 and $1 respectively. Find the maximum level of output if the total cost of capital and labour is $6.

• A) \(\frac { 2 } { 9 }\)
• B) \(\frac { 11 } { 9 }\)
• C) \(\frac { 4 } { 3 }\)
• D) \(\frac { 9 } { 2 }\)
• E) \(\frac { 2 } { 3 }\)

---

Definitions:

Audience Analysis

The study of the characteristics, needs, and preferences of the target audience to tailor messages or products more effectively.

Psychographics

The study and classification of people according to their attitudes, aspirations, and other psychological criteria, especially in market research.

Psychological Characteristics

Traits or attributes related to an individual's mental and emotional tendencies, including personality, attitudes, and mental abilities.

Personality

Personality refers to the combination of characteristics or qualities that form an individual's distinctive character.