The productivity of a certain country with the utilization of x units of labor and y units of capital is given approximately by the function f(x,y) = 100x0.66,0.34 (A) Find f,(x.y) and f, (x.y). (B) If the country is now using 500 units of labor and 400 units of capital, find the marginal productivity of labor and the marginal productivity of capital. (C) For the greatest increase in the country's productivity, should the government encourage increased use of labor or increased use of capital? (A)T, (x.Y) = (B) The marginal productivity of labor is approximately. (Round to two decimal places as needed.) The marginal productivity of capital is (Round to two decimal places as needed.) approximately. CFor the greatest increase in the country's productivity, the government should encourage increased use of

The productivity of a certain country with the utilization of x units of labor and y units of capital is given approximately by the function f(x,y) = 100x0.66,0.34 (A) Find f,(x.y) and f, (x.y). (B) If the country is now using 500 units of labor and 400 units of capital, find the marginal productivity of labor and the marginal productivity of capital. (C) For the greatest increase in the country's productivity, should the government encourage increased use of labor or increased use of capital? (A)T, (x.Y) = (B) The marginal productivity of labor is approximately. (Round to two decimal places as needed.) The marginal productivity of capital is (Round to two decimal places as needed.) approximately. CFor the greatest increase in the country's productivity, the government should encourage increased use of

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

ChapterA: Appendix

SectionA.2: Geometric Constructions

Problem 10P: A soda can has a volume of 25 cubic inches. Let x denote its radius and h its height, both in...

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