## Production Efficiency Condition

Tags: #Economics #Microeconomics### Equation

$$\frac{w}{r} = \frac{MP_{L}}{MP_{K}}$$### 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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