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The Cobb-Douglas production function isy=z1z2y=z1z2, with>0>0and>0>0.Show thatMP1=y/z1MP1=y/z1,MP2=y/z2MP2=y/z2. What is theMRTS21MRTS21? How does it vary with: (a) y; (b)z2/z1z2/z1.

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