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The production function is Q = K^.6 L^.4. The marginal rate of technical substitution is

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter7: Production And Cost In The Firm

Section: Chapter Questions

Problem 17PAE

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The production function is Q = K^.6 L^.4. The marginal rate of technical substitution is

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