Imagine that the production function for tuna cans is given by q ¼ 6K þ 4L where q ¼ Output of tuna cans per hour K ¼ Capital input per hour L ¼ Labor input per hour a. Assuming capital is fixed at K...

Imagine that the production function for tuna cans

is given by

q ¼ 6K þ 4L

where

q ¼ Output of tuna cans per hour

K ¼ Capital input per hour

L ¼ Labor input per hour

a. Assuming capital is fixed at K ¼ 6, how much

L is required to produce 60 tuna cans per hour?

To produce 100 per hour?

b. Now assume that capital input is fixed at

K ¼ 8; what L is required to produce 60 tuna

cans per hour? To produce 100 per hour?