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Suppose a Production Function is: Q = KL (1) The Marginal Products are MPL = K, MPK = L. The wage rate is w and
Suppose a Production Function is: Q = KL (1) The Marginal Products are MPL = K, MPK = L. The wage rate is w and the rental rate of capital is r. (c) Give a function of L, K, w, r that will hold at the firm's optimal input choice
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