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Suppose that firms are using 2 units of K and 3 units of L in fixed proportion, what would be the conditional labor demand and
Suppose that firms are using 2 units of K and 3 units of L in fixed proportion, what would be the conditional labor demand and capital demand, respectively?
a) 2Q, 3Q
b) 3Q,2Q
c) ((2rQ)/(w)) , ((3wQ)/(r))
d) ((2Q)/(w)) , ((3Q)/(r))
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