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Posted on Jul 10, 2024

firms production function is q=10l + k. so marginal product of labour is 5(k/l) and the marginal product of capital is 5(l/k). unit labour cost

firms production function is q=10l + k. so marginal product of labour is 5(k/l) and the marginal product of capital is 5(l/k). unit labour cost is 20 and cost of a unit of capital is 80

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