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Slope of the isoquant when the entrepreneur

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Reference no: EM131079526

In the production function Q = 10L1/2K1/2calculate 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.)

Reference no: EM131079526

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