with steps please 2 The manufacturing of Electric generators
with steps please
2. The manufacturing of Electric generators (E) takes 5 units of capital (K) and 2 units of labour (L). The manufacturing of footwear (F) takes 2 unit of K and 2 units of L. If the supply of K is 100 and the supply of L is 70 then the full- employment outputs for E and F respectively are: A. QE 20; QF 25 B. QE 10; QF 50. QE 10; QF 25 D. QE 90; QF 30Solution
The manufacturing of Electric generators (E) takes 5 units of capital (K) and 2 units of labour (L). The manufacturing of footwear (F) takes 2 unit of K and 2 units of L. If the supply of K is 100 and the supply of L is 70 then the full-employment outputs for E and F respectively are
C.QE=10; QF=25.
