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1. Q = 100 K0.5 L0.7 a. Find Marginal product of capital and labor. b. Find marginal Rate of Technical Substitution. 2. Q = 50
1. Q = 100 K0.5 L0.7
a. Find Marginal product of capital and labor.
b. Find marginal Rate of Technical Substitution.
2. Q = 50 K2 L4
a. Find Marginal product of capital and labor.
b. Find marginal Rate of Technical Substitution.
3. Q = 15 K L3
a. Find Marginal product of capital and labor.
b. Find marginal Rate of Technical Substitution.
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