Answer :
The value of q cannot be determined because it requires calculation from the provided production function with specific values of l and k, hence the correct option is 4) The value of q cannot be determined.
The correct statement is: The value of q cannot be determined.
To determine the value of q, we substitute the given values of l and k into the production function q = 100l^0.6k^0.4.
Substituting l = 218 and k = 24 into the production function gives q = 100(218)^0.6(24)^0.4, which results in a specific value that is neither 100, 218, nor 24, indicating that the value of q cannot be directly determined from the provided information.
