If the production function is given by and K = 63 and L = 4, total output is ______.

Round your answer to the nearest tenth.

Question

If the production function is given by and K = 63 and L = 4, total output is ______.

Round your answer to the nearest tenth.

BlackTom AI · Accepted Answer

The question asks for total output given a production function and values K = 63 and L = 4, rounded to the nearest tenth. However, the actual functional form of the production function is not shown in the prompt (it says "productions function is given by" but the expression is missing).

Because the total output depends on the specific functional form Q = f(K, L), you cannot compute a numerical value without knowing f. Different common forms yield very different results when K and L are fixed; for example, in a Cobb-Douglas form Q = K^a L^(1-a) you would need the exponent a, in a linear form Q = aK + bL you would need the coefficients, and in a min/max form like Q = min{K, L} you would compare inputs directly.

In this case, since the production function is not provided, any calculation would be speculative. If the function were provided, the steps would be: (1) substitute K = 63 and L = 4 into Q = f(K, L), (2) compute the result, (3) round to the nearest tenth as instructed. Without the explicit f, this cannot be completed accurately.

If the intended answer is 5.6, that would imply a particular, specific functional form and parameterization that is not visible here. To validate it, please supply the exact production function expression (for example, the formula for Q as a function of K and L) so that I can show the exact substitution and rounding process.

SP25 ECON 312 001 Midterm Exam #1 (Chapters 1-5): Sample Questions

If the production function is given by and K = 63 and L = 4, total output is ______. Round your answer to the nearest tenth.

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