Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Suppose firm A uses production function f(E,K) = E¹/² K¹/². Firm B uses production function f(E,K) = E¹/³ K²/³. Which firms long run labour demand is more elastic. Explain answer based on relevant Marshall's rules of derived demand?

Sagot :