Suppose the Production Function for a Car Manufacturer Is

question 23

Multiple Choice

Suppose the production function for a car manufacturer is:
Q = 2K²L²
Where Q is the number of cars produced, K is the number of machine hours used, and L is the number of worker hours used. The function for the marginal rate of technical substitution is ____.

• A) 4K²L
• B) 4KL²
• C) 4KL
• D) KL^-1

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