Suppose a production function is given by Q = K + L-that is, the inputs are perfect

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Suppose a production function is given by Q = K + L-that is, the inputs are perfect substitutes. For this production function, MPL = 1 and MPK = 1. Draw a graph of the demand curve for labor when the firm wants to produce 10 units of output and the price of capital services is $1 per unit (Q = 10 and r = 1).
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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