=+c. If your entrepreneurial skill causes the marginal product of capital and labor to be 20% greater
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=+c. If your entrepreneurial skill causes the marginal product of capital and labor to be 20% greater for any combination of , and k than for your competitors, how does your isoquant map differ from theirs? For a given wage and rental rate, will you employ the same labor to capital ratio as your competitors?
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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