Let q= = min {K, 2L}. Which of the following input levels would give the firm the same outputs as…
Let q= = min {K, 2L}. Which of the following input levels would give the firm the same outputs as (k,l) = (2,3) (please give the explanation and answer)
a. (k,l) =(3,2)
b. (k,l) =(1,1)
c. (k,l) =(3,1)
d. (k,l) =(2,0)
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