If the firm currently has 20 units of capital k and 10


Suppose the production function for a firm is given by: q=8L +2K. If the firm currently has 20 units of capital (K) and 10 units of labor (L), then calculate the Marginal Rate of Technical Substitution (MRTSLK).

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Business Economics: If the firm currently has 20 units of capital k and 10
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