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Mairoon Mairoon
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6 years ago
Suppose firms A and B each make T-shirts. Firm A's production function is q = L  K . Firm B's production function is q = 1.2 * L  K . If the two firms each hire the same amounts of capital and labor, compare the two firms in terms of APL and MPL.
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Microeconomics

Microeconomics


Edition: 6th
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ChronosChronos
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6 years ago
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