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Show That the Cobb-Douglas Production Function Q=K1//4L3/4Q = K ^ { 1 / / 4 } L ^ { 3 } / 4

question 77

Essay

Show that the Cobb-Douglas production function Q=K1//4L3/4Q = K ^ { 1 / / 4 } L ^ { 3 } / 4 exhibits the law of diminishing marginal rate of technical substitution.


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