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The Production Function Is Q = K

Question 118

Multiple Choice

The production function is Q = K^.4 L^.6.The marginal rate of technical substitution is:

A) 3/2 K^-1 L.
B) K^-1 L^-1.
C) 3/2 K L^-1.
D) K^.6 L^-.4.

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