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Suppose the production function is q = 12 K .5 L .5 . Calculate the MRTS (MPK/MPL) when: a) K = 200, L = 300

Suppose the production function is q = 12 K^.5L^.5

. Calculate the MRTS (MPK/MPL) when: a) K = 200, L = 300 b) K = 50, L = 400 c) K= 900, L = 2000

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