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Find Out the Maximum Possible Output for a Firm with Zero Unit of L and 10 Units of K When Its Production Function is Q = 5l = 2k. - Economics

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Question

Find out the maximum possible output for a firm with zero unit of L and 10 units of K when its production function is Q = 5L = 2K.

Sum
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Solution

Q = 5L + 2K ...........(1)

If L = 0 and K = 10, then putting these values in equation (1)

Q = 5 (0) + 2 (10)

= 20 units of output

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