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Suppose a firm has a linear production functionq=f(L,K)=aL+bK. Suppose the company is producingq>0. If the price of labor isw=8,the price of capital isr=4, and the
Suppose a firm has a linear production functionq=f(L,K)=aL+bK. Suppose the company is producingq>0. If the price of labor isw=8,the price of capital isr=4, and the solution to the firm's cost minimization problem isnotunique, what is the ratio ofa/bequal to?
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