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A farmer produces maize according to the following production function
Qm = AK1/3 L2/3
Where Qm is output of maize, A = land, K = capital and L = labour
Given that land is fixed at 100 hectares
i) Formulate the farmer's short run production function
ii) Find the marginal products of capital and labour
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SUMMARY OF THEORY OF PRODUCTION
LANTHENOIDS
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