Suppose that a firm with the production function Q = min (2K, 3L) Is currently using 6

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Suppose that a firm with the production function
Q = min (2K, 3L)
Is currently using 6 units of capital and 5 units of labor. What are the marginal products of K and L in this case?

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Question Posted: Dec 12, 2014 10:22 AM

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Suppose that a firm with the production function Q = min (2K, 3L) Is currently using 6

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Microeconomics and Behavior

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