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Question

Consider the Cobb-Douglas production function


f(xy)

= 100x0.85y0.15.

When x = 3500 and y = 700,

 find the following. (Round your answers to two decimal places.)


(a) the marginal productivity of labor, ∂f/∂x

(b) the marginal productivity of capital, ∂f/∂y

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The marginal productivity of labor and capital can be found... View the full answer

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(a) the marginal productivity of labor, f / x When x =3500and y =700 f... View the full answer

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