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Title: The production function of pizzas for One Guy's Pizza shop is y(K, L) = 4 . K represents the ... Post by: corie on Oct 24, 2017 The production function of pizzas for One Guy's Pizza shop is y(K, L) = 4 . K represents the number of ovens One Guy's Pizza uses and is fixed in the short-run at 4 ovens. L represents the number of labor hours One Guy's Pizza employees and is variable in the short and long-run. Fill in the empty columns in the table below.
Pizzas K L MPL (L, K) = MPK (K, L) = 4 1 4 4 4 9 4 16 Title: Re: The production function of pizzas for One Guy's Pizza shop is y(K, L) = 4 . K represents the ... Post by: boransal on Oct 24, 2017 Content hidden
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