Answer to Question #116159 in Microeconomics for Manish

Question #116159
Let the production for company A, Q= 20K^0.5L^0.5
a)The firm is currently producing 200 units of output per period using input rate of L= 4 and K= 25. Is this efficient input combination?Why or why not? If not determine the efficient input combination for producing an output rate of 200.
1
Expert's answer
2020-06-08T11:06:33-0400
"200=20 \\times 4^{0.5}\\times 25^{0.5}"


"200=20 \\times 2 \\times5"

"200=200"

This combination is rational.


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