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From last time: Q=E^(1/3)K^(1/2), making MPe=(1/3)K^(1/2)E^(-2/3) and MPk=(1/2)K^(-1/2)E^(1/3) . P=120. Now say that the wage fell...

From last time: Q=E^(1/3)K^(1/2), making MPe=(1/3)K^(1/2)E^(-2/3) and MPk=(1/2)K^(-1/2)E^(1/3) . P=120. Now say that the wage fell to $10/hr. Rent stayed at $15/unit of capital. Which of the following depicts the new optimal ration of E to K

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From last time: Q=E^(1/3)K^(1/2), making MPe=(1/3)K^(1/2)E^(-2/3) and MPk=(1/2)K^(-1/2)E^(1/3) . P=120. Now say that the wage fell...
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