A firm's production function is given by the 4L0.5K0.5. Which of the following equation Q = is false? The marginal product of labor is the partial derivative aQ/aL. The marginal product of capital is the partial derivative aQ/ƏK. ƏQ/ƏL = 2L-0.5KO.5 = dQ/ƏK = 4L0.5K-0.5 – %D
A firm's production function is given by the 4L0.5K0.5. Which of the following equation Q = is false? The marginal product of labor is the partial derivative aQ/aL. The marginal product of capital is the partial derivative aQ/ƏK. ƏQ/ƏL = 2L-0.5KO.5 = dQ/ƏK = 4L0.5K-0.5 – %D
Chapter11: The Firm: Production And Costs
Section: Chapter Questions
Problem 6P
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