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What Is the MRTS for a Firm with the Following

Question 79

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What is the MRTS for a firm with the following production function, q = 10L0.5K0.3?


A) MRTS = - What is the MRTS for a firm with the following production function, q = 10L<sup>0.5</sup>K<sup>0.3</sup>? A) MRTS = - B) The firm will substitute a constant 3 units of capital for 5 units of labor. C) The MRTS does not exist because labor and capital are perfect complements. D) None of the above.
B) The firm will substitute a constant 3 units of capital for 5 units of labor.
C) The MRTS does not exist because labor and capital are perfect complements.
D) None of the above.

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