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Suppose the production function is given by Q = min{K, 5L} and 5 units of labor and 1 units of capital are employed Find APL
Suppose the production function is given by Q = min{K, 5L} and 5 units of labor and 1 units of capital are employed Find APL at this point. 0 cannot determine Suppose the production function is given by Q = min{K, 5L}. How much output is produced when 5 units of labor and 1 units of capital are employed
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