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DSC3707 : An efficient small firm has a production function q(k; l) = k ^1/4 l^1/4 , where k denotes the number of capital units
DSC3707 : An efficient small firm has a production function q(k; l) = k ^1/4 l^1/4 , where k denotes the number of capital units used, and l the number of labour units used. The unit costs for capital and labour are 32 and 2 respectively. The upper limit on the firm's production level is 10
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