Assume firm as production function is q kl k and firm bs
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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assume firm as production function is q kl k and firm bs q lk2a find the mrts of each firm is it diminishingb is
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