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(a) Consider the production function: Q=10L 0
(a) Consider the production function: Q=10L 0.8K0.4 Here, the marginal rate of technical substitution is:
MRTS,K =_K/L At the input combination (10, 40), MRTSL,K =- At the input combination (, 40), MRTSL,K =4 (b)
Consider a production function Q = 2K + 4L. At the input combination (4,4), the MRTSL,K is
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