Business, 23.11.2021 14:00 snoopy112007

Given a cobb – Douglas production function Q = L0.5 K0.4

And the prices of capital and labour are ksh3 and ksh 4 respectively while the firm outlay is Kshs.108, calculate the optimal combination of factors inputs.

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Given a cobb – Douglas production function Q = L0.5 K0.4

And the prices of capital and...