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3. Extreme Biking, Inc., assembles high-end extreme mountain bicycles at a plant in Lexington, Massachusetts. The plant uses labor (L) and capital (K) in an
3. Extreme Biking, Inc., assembles high-end extreme mountain bicycles at a plant in Lexington, Massachusetts. The plant uses labor (L) and capital (K) in an assembly line process to produce output (Q) where: Q = 0.01L12K
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