Q= L^0.6*K^0.4
C= 10=0.6w+0.4r
(1)MPPL, MPPK=?
(2)MTRSLK=?
(3)what is optimum L and optimum K?
(4)at the optimum point, how the relationship between isoquant and
iso-cost line?
I want to know detailed explanation. thank you
*slope relationship
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