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Suppose the Production Function for a Coffee Shop Is

Question 103

Multiple Choice

Suppose the production function for a coffee shop is:
Q = 2K + 5L
Where Q is the number of cups of coffee produced, K is the number of coffee makers, and L is the number of workers. The function for the marginal rate of technical substitution is ____.


A) 5
B) 2.5
C) 2
D) 0.4

Correct Answer:

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