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Business, 06.04.2020 18:22 morgan15776

A firm is currently producing 100 widgets using 4 units of labor and 12 units of capital. The firm's production function exhibits constant returns to scale. How many units of labor and capital are needed to produce 350 widgets?

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A firm is currently producing 100 widgets using 4 units of labor and 12 units of capital. The firm's...
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