Question
Asked Oct 18, 2019
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Question 18
Consider a firm that has production function f(L,K)=4L2/3K1/3. What is the expression for this firm’s Marginal Product of labor?

MPL(L,K)= 2K2/3/3L2/3.

MPL(L,K)= 2K2/3/L1/3.

MPL(L,K)= 2K1/3/3L1/3.

MPL(L,K)= 5K2/3/3L2/3.

MPL(L,K)= 8K1/3/3L1/3.

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