What is the MRTS for a firm with the following production function , q
What is the MRTS for a firm with the following production function , q = 200L0.5K0.5 with L = 4 and K = 16?
A) MRTS = -4
B) MRTS = -2
C) MRTS = -1
D) MRTS = -8
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.
Calculate the price of your order
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok