production-function-Q=100k^0.5L^0.5.During the last production of tyres .The inputs were 100 and 25 for capital and labor respectively. What is the marginal product of capital and marginal product of labor based on stated rates.
production-function-Q=100k^0.5L^0.5.During the last production of tyres .The inputs were 100 and 25 for capital and labor respectively. What is the marginal product of capital and marginal product of labor based on stated rates.
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 18PAE
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production-function-Q=100k^0.5L^0.5.During the last production of tyres .The inputs were 100 and 25 for capital and labor respectively. What is the marginal product of capital and marginal product of labor based on stated rates.
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