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23 September, 06:59

If output equals a * (5k + 2l), what is output if a equals 2,000, capital equals 10, and labor equals 100?

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  1. 23 September, 07:16
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    We know that: a = 2,000, c = 10, l = 100

    The formula is: a * (5 c + 2l)

    So when we charge the values:

    2,000 * (5 * 10 + 2 * 100) =

    = 2,000 * (50 + 200) =

    = 2,000 * 250 = 500,000

    Answer: The output is 500,000.
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