Question: Let F be a function of two variables, defined by F(K, L) = 8 Ink + 5 In L. (a) Find RLK = F1'(K, L)

Let F be a function of two variables, defined by F(K, L) = 8 Ink + 5 In L. (a) Find RLK = F1'(K, L) / F2'(K, L), the marginal rate of substitution of L for K. (b) Find opk = Elp, (L/ K), the elasticity of substitution between L and K along a level curve for F

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