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The production function for a firm is given by TP = 4K2L2. The price of capital is $4 and the price of labour is $2.
The production function for a firm is given by TP = 4K2L2. The price of capital is $4 and the price of labour is $2. The budget is $100. The maximum output is?
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The Vanishing American Corporation Navigating The Hazards Of A New Economy
Authors: Jerry Davis, Gerald F Davis
1st Edition
1626562792, 9781626562790
