Business, 31.10.2019 00:31 mauricestepenson791
Joe owns a small coffee shop, and his production function is q = 3kl where q is total output in cups per hour, k is the number of coffee machines (capital), and l is the number of employees hired per hour (labor). if joe's capital is currently fixed at k=3 machines, what is his short-run production function?
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Answers: 1
Joe owns a small coffee shop, and his production function is q = 3kl where q is total output in cups...
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