Total # Posts: 4
Cant find equations for solving for MP and AP. Suppose firms A and B each make T-shirts. Firm A's production function is q = L0.5 K0.5. Firm B's production function is q = 1.2 L0.5 K0.5. a.If the two firms each hire the same amounts of capital and labor, compare the ...
October 22, 2008