The Aggregate Production Function Is Y = 6K⁰

question 29

Multiple Choice

The aggregate production function is Y = 6K^0.5L^0.5. If there are 100 units of capital and 25 units of labor, aggregate output is

• A) 131 units.
• B) 277 units.
• C) 300 units.
• D) 750 units.

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