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Question 7 (1 point) Suppose a firm has the production function: Q = 2KL, where K is capital, Lis labor and Q is quantity. If
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Answer #1

When capital is fixed i.e. K=4

Therefore, Q = 2*4*L

Q = 8L. This is the short-run production function. With the change in labor, the output will change.

Option B is correct.

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