Use a scatter-plot to graph the isoquants.
L | Kfor Q=5 | Kfor Q=10 | Kfor Q=15 |
0 | |||
5 | 12,500 | ||
10 | 6,250 | 25,000 | |
15 | 4,167 | 16,667 | |
20 | 3,125 | 12,500 | 28,125 |
25 | 2,500 | 10,000 | 22,500 |
30 | 2,083 | 8,333 | 18,750 |
35 | 1,786 | 7,143 | 16,071 |
40 | 1,563 | 6,250 | 14,063 |
45 | 1,389 | 5,556 | 12,500 |
50 | 1,250 | 5,000 | 11,250 |
55 | 1,136 | 4,545 | 10,227 |
60 | 1,042 | 4,167 | 9,375 |
65 | 962 | 3,846 | 8,654 |
70 | 893 | 3,571 | 8,036 |
75 | 833 | 3,333 | 7,500 |
80 | 781 | 3,125 | 7,031 |
85 | 735 | 2,941 | 6,618 |
90 | 694 | 2,778 | 6,250 |
95 | 658 | 2,632 | 5,921 |
100 | 625 | 2,500 | 5,625 |
105 | 595 | 2,381 | 5,357 |
110 | 568 | 2,273 | 5,114 |
115 | 543 | 2,174 | 4,891 |
Use the graph to complete the following table:
Following is the graph -
When Q is 5, and K = 5000 then L must be 12
When Q is 10, and K = 5000 then L must be 1250
When Q is 15, and K = 5000 then L must be 115
Use a scatter-plot to graph the isoquants. L Kfor Q=5 Kfor Q=10 Kfor Q=15 0 5...