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where a is a positive constant, K is the quantity of capital and L is the quantity of labor used. Capital costs are $44 per
where a is a positive constant, K is the quantity of capital and L is the quantity of labor used. Capital costs are $44 per unit, labor costs are $11 per unit, and the company wants costs for capital and labor combined to be no higher than $330. Suppose you are asked to consult for the company, and learn that 6 units each of capital and labor are being used
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