Farmer brown has 2 distinct farms that he works on his, Business Economics

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Farmer brown has 2 distinct farms that he works on his

Farmer Brown has 2 distinct farms that he works on. His wheat farm has a production function Y=6.7K0.4L0.6, and his soybean farm has a production function Y=0.2K0.5L0.5. Farmer Brown has the option of buying either more labor or more capital for each of his farms. Which should he choose for his wheat farm? For his soybean farm? Why?

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Business Economics: Farmer brown has 2 distinct farms that he works on his

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