A firm with a production function Q = KL (where K is units of capital and L is units of labor) has an expansion path that is given by K = 2L. The wage rate (W) is $20 and the rental on capital is $10. Complete the following table, assuming that the firm is using the optimal mix of inputs for any given output level. 
Definitions:
Exports Cars
The activity of selling and shipping cars from one country to another, contributing to a country's trade balance.
Imports Cheese
The act of bringing cheese into one's country from another to sell.
Production Possibilities
A graphical representation that shows the maximum number of goods or services that can be produced with a given set of resources and technology.
Law Of Comparative Advantage
An economic principle that states countries should specialize in producing goods for which they have a lower opportunity cost of production relative to other countries, leading to increased economic efficiency and trade benefits.
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