Question: 3. (34 points) Suppose a monopolist has a production function given by Q = L 1/2 K 1/2 . Therefore, MP L =

3. (34 points) Suppose a monopolist has a production function given by Q = L1/2K1/2. Therefore,

MPL =

3. (34 points) Suppose a monopolist has a production function given byQ = L1/2K1/2. Therefore,MPL =

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