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Imagine the hourly production
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Assignment Help >> Business Economics

Imagine the hourly production for tuna cans is given by q = 6K + 4L.

a. Assuming capital is fixed at 6, how much L is required to product 60 tuna cans per hour?

To produce 100 units of tuna cans?

b. Assuming capital is fixed at 8, how much L is required to product 60 tuna cans per hour?

To produce 100 units of tuna cans?

c. Assuming capital is fixed at 10, how much L is required to product 60 tuna cans per hour?

To produce 100 units of tuna cans?

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