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Use the tangency rule to determine the cost-minimizing bundles of labor and capital for a japanese synthetic rubber firm's production function, qequals=upper l superscript 0.5 baseline upper k superscript 0.5l0.5k0.5, (flath, 2011), where wequals=$3030 and requals=$1010.
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Use the tangency rule to determine the cost-minimizing bundles of labor and capital for a japanese s...
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