GIVEN THE PRODUCTION FUNCTION Q=F(P,R),WHERE Q DENOTES OUTPUT PRODUCED – InterviewSolution

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GIVEN THE PRODUCTION FUNCTION Q=F(P,R),WHERE Q DENOTES OUTPUT PRODUCED USING FACTORS P AND R. ASSUME V AND S TO BE PRICE OF FACTORS P AND R RESPECTIVELY. USING THE GIVEN INFORMATION REPRESENT THE EXPRESSION FOR THE SHEPHARD LEMMA.

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