Answer to Question #202067 in Macroeconomics for Neeti

Question #202067

MRTSlk for Q = 10K^0.5L^0.5

Expert's answer

MRTS_l for Labour = dQ/dL=5K^0.5L^-0.5

MRTS_k for Capital = dQ/dK=5K^-0.5L^0.5

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