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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Microeconomics: let the production function ql 12 k12a what is
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