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Using mathematical economics, how to solve this problem?

let suppose there is cobb douglas production function.

Elasticity of labor and capital is same and equal to1.

perfect competition prevail in market.

Find equilibrium level of labor and capital?

 

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Question added by Wasif Mehmood
Date Posted: 2016/04/01

Thank you for the invitation, I apologize and I leave answers for economists.

Thanks for the invite, I apologize for the answer, I leave the answer for the professionals in this field .

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