Production Efficiency Condition
Tags: #Economics #MicroeconomicsEquation
$$\frac{w}{r} = \frac{MP_{L}}{MP_{K}}$$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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