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What would be her marginal rate of technical substitution

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Reference no: EM13712024

The equation and scenario is in the file

A.) What would be her marginal rate of technical substitution between the inputs in her production of food? What about in her production of "everythingelse"?

B.)  If she wants to divide the L input 50/50 across the two activities, then what's the best way to divide the J input? Explain how you know.

 

Reference no: EM13712024

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