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Suppose that a computer program takes 10 hours to sift through 2000 columns of data. The shape of the isoquant of this production function is
Suppose that a computer program takes 10 hours to sift through 2000 columns of data. The shape of the isoquant of this production function is vertical (as usual,L-labor is in the x-axis and K-capital is in the y-axis).
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