Metz sells pre-made pumpkin pies for Thanksgiving to NU community members. The pies are made using the following production function:
Q = 3KL
Here, Q measures the total number of pies baked, K represents the number of ovens, and L represents the number of worker-hours.
Currently, Metz only has 8 ovens to bake pies in (K = 8).
Metz' production function is an example of what type of production function?

Answer rating: 100% (QA)

Metzs production function where Q 3KL is an example of a CobbDouglas production function In a Co... View the full answer