Question: A rm has a production technology q = 5L*4K*3. Compute the average product of labor AR; and capital APE, the marginal product of labor MP

 A rm has a production technology q = 5L*4K\"*3. Compute the

average product of labor AR; and capital APE, the marginal product of

A rm has a production technology q = 5L*4K\"*3. Compute the average product of labor AR; and capital APE, the marginal product of labor MP L capital MP K, and the marginal rate of technical substitution of la bor for capital MRTSLjK

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