Given the linear production function Q = 10K + 5L, if Q = 10,000 and K = 500, how much labor is utilized?
Note
Given the linear production function Q = 10K + 5L, if Q = 10,000 and K = 500, The labor is utilized 1,000 units.
Given the linear production function Q = 10K + 5L, if Q = 10,000 and K = 500, how much labor is utilized?
Given the linear production function Q = 10K + 5L, if Q = 10,000 and K = 500, The labor is utilized 1,000 units.