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Ratio of the marginal product of labor

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Reference no: EM132401150

In the production function Q = 10(L^1/2)*(K^1/2), calculate the slope of the isoquant when the entrepreneur is producing efficiently with 9 laborers and 16 units of capital. (Hint: The slope of the isoquant = the ratio of the marginal product of labor to the marginal product of capital.) (^ means to the power of)

Reference no: EM132401150

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