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7. For the production function q min(K,4L ): (a) Assume that capital K is fixed at 100 units. Derive and plot: i, The total p

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Date Zк.че7 K=100 ahan L<Y 4L MR MR whan L y 4 AP - whn L 2s A (98 C SRTCE cloo o Iл |00 SRAC MrC AFC K12 MC=

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