Question: A fast computer produces 4 exams per hour while a slow computer produces 2 exams per hour. a) The shape of this isoquant is Answer
A fast computer produces 4 exams per hour while a slow computer produces 2 exams per hour. a) The shape of this isoquant is Answer
b) How many fast computers do you need to produce 40 exams? Fast Computers= Answer .
b) How many slow computers do you need to produce 40 exams? Slow Computers= Answer .
c) What is the MRTS of this isoquant if slow computers are on the x-axis and fast computers on the y-axis? MRTS=Answer
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