question archive Suppose A Firm Faces The Production Function Q= 0

Suppose A Firm Faces The Production Function Q= 0

Subject:EconomicsPrice: Bought3

Suppose A Firm Faces The Production Function Q= 0.8k^0.4l^0.3, It Sells Its Output At A Fixed Price Of 450 Birr Unit And Can Buy K And L At 15 Birrs Per Unit And 8 Birrs Per Unit Respectively. Then What Input Mix Will Maximize Profit?

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