let the production function ql 12 k12a what is
Let the production function Q=L ^1/2 K^1/2
A) what is the elasticity of substitution?B) if the production is Q= L ^1/2 K ^1/2. What is the total cost function ? What is marginal cost? What is average cost?
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1 ajax inc is a monopolist the estimated demand function for its product isqd 120 u2013 08p 12y 4awhere qd denotes quantity demanded p denotes
let the production function ql 12 k12a what is the elasticity of substitutionb if the production is q l 12 k 12 what is the total cost function what
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