Question: KL Let Y = - (3K2 +712) 1/2 (a) Find RLK = Yk'/ Y1', the marginal rate of substitution of L for K. YK RLK


KL Let Y = - (3K2 +712) 1/2 (a) Find RLK = Yk'/ Y1', the marginal rate of substitution of L for K. YK RLK Y (b) Find LK = ElR, (L/ K), the elasticity of substitution between L and K along a level curve for Y. OLK = ER, (LIK) =
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