Qakbl where a and b are the coefficients of capital and


Q=aK+bL, where a and b are the coefficients of capital and labour respectively. Q refers to output, K refers to capital and L refers to labour. show that the marginal rate of substitution between capital and labour is MRTSKL=b/a

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Microeconomics: Qakbl where a and b are the coefficients of capital and
Reference No:- TGS0611913

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