If output is produced according to Q = 4LK, the price of K is $10, and the price of L is$10, then the cost minimizing combination of K and L capable of producing 16 units of output is
If output is produced according to Q = 4LK, the price of K is $10, and the price of L is$10, then the cost minimizing combination of K and L capable of producing 16 units of output is
A.L = 4 and K = 1
B.L = 2 and K = 2
C.L = 1 and K = 1
D.L = 8 and K = 8
正确答案:L = 2 and K = 2
Tag:中级微观经济学
时间:2023-12-17 11:47:53