Production Efficiency Condition

Tags: #Economics #Microeconomics

Equation

$$\frac{w}{r} = \frac{MP_{L}}{MP_{K}}$$

Latex Code

                                 \frac{w}{r} = \frac{MP_{L}}{MP_{K}}
                            

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Introduction

Equation



Latex Code

            \frac{w}{r} = \frac{MP_{L}}{MP_{K}}
        

Explanation

Latex code for Price for a Competitive Firm.

  • : Marginal Product Label

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    I have my fingers crossed that I'll pass this test.
    2023-04-23 00:00

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    Best Wishes.
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    My future hinges on passing this exam.
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    Gooood Luck, Man!
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    I wish for the knowledge to pass this exam.
    2023-06-12 00:00

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    Nice~
    2023-07-10 00:00:00.0

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