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Suppose a monopolist has a production function given by Q = L 1/2 K 1/2 . Therefore, MPL KI/2 22/2 , and MP Ll/2 2&1/2

Suppose a monopolist has a production function given by Q = L^1/2K^1/2. Therefore,

MPL KI/2 22/2 , and MP Ll/2 2&1/2

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