A find the mrts of each firm is it diminishing b is there


Assume Firm A's production function is Q = KL + K, and Firm B's Q = LK2

a) Find the MRTS of each firm. Is it diminishing?

b) Is there any combination of K and L to make these two firms having the same MRTS?

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Business Management: A find the mrts of each firm is it diminishing b is there
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