Question: Consider the following production function q = 9LK + 512 -213 Given the following expressions for the marginal productivity of each input: MP = 9K

Consider the following production function q = 9LK + 512 -213

Consider the following production function q = 9LK + 512 -213 Given the following expressions for the marginal productivity of each input: MP = 9K + 10L - L- and MPK = 9L Assuming capital is plotted on the vertical axis and labor is plotted on the horizontal axis, determine the value of the marginal rate of technical substitution when K = C 20 and L = 10. (Round your answer up to two decimal places and include the proper sign.) MRTS= d ole fe s th our

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