Spinel $LiMn_2O_4$ has become appealing because manganese is inexpensive and environmentally benign. In general, cathodes for lithium ion batteries include carbon as a conductive agent that provides electron transfer between the active material and the current collector. In this work, we selected Acetylene Black and Super P Black as conductive agents, and then carried out their comparative investigation for the performances of the $Li/LiMn_2O_4$ cells using different conductive agents with different particle size. In addition, their electrochemical impedance characteristic of $Li/Mn_2O_4$ cells using different conductive agents is effectively identified through a.c. impedance technique. As a consequence, $Li/LiMn_2O_4$ cells with Super P Black show better electrochemical performances ascribed to the significant contribution of feasible ionic conduction due to larger particle size than those with Acetylene Black.