Question

Let the production function of a firm be:
$Q={2L}^2{K}^2$
Find out the maximum possible output that the firm can produce with 5 units of L and 2 units of $K$.

Answer 1

Given, $Q={2L}^2{K}^2$
$Q={2\left(5\right)}^2{\left(2\right)}^2$
$=2\times 25\times 4$
$=200$
The maximum possible output that the firm can produce with 5 units of $L$ and 2 units of $K$ is 200.