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Author Question: What is the MRTS for a firm with the following production function, q = 10L0.5K0.3? (Read 16 times)

colton

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on: Jun 18, 2019
What is the MRTS for a firm with the following production function, q = 10L0.5K0.3?
◦ The MRTS does not exist because labor and capital are perfect complements.
◦ MRTS = -
◦ The firm will substitute a constant 3 units of capital for 5 units of labor.
◦ None of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by colton on Jun 18, 2019

mcarey591

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Reply #1 on: Jun 18, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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colton

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Reply 2 on: Jun 18, 2019
Thanks for the timely response, appreciate it

Jsherida

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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