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microeconomics 4. (20 marks) Suppose a firm produces according to the production function Q = 210.6KO.2, and faces wage rate $10, a rental cost of

microeconomics

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4. (20 marks) Suppose a firm produces according to the production function Q = 210.6KO.2, and faces wage rate $10, a rental cost of capital $5, and sells output at a price of $20. Compute the profit-maximizing factor demands

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