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27-05-2023
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Draw the following isoquants: a. In the production of exams, two computers and one person can turn up one exam per hour Draw Isoquant Q=10. What is the MRTS? b. A fast computer runs 4 algorithms per hour while a slow computer runs 2 algorithms per hour Draw isoquant Q=40. Place slow computers in x-axis and fast computers in y-axis. What is the MRTS?

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