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Suppose a firm has the production function: Q = 2KL, where K is capital, Lis labor and Q is quantity. If capital is fixed at
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all Given i 8 = 2KL w = 4 r = 1 capital is fixed liek rien K = 4 as k = 4 204) L 8 L LE 8 Now, IC WL trk 4L t (U) (4) 4L t 4

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