A company will produce Q(K, L) = 120K 3/4 L 1/4 hundred units of a particular commodity
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A company will produce Q(K, L) = 120K3/4L1/4 hundred units of a particular commodity when the capital expenditure is K thousand dollars and the size of the workforce is L worker-hours. Find the marginal productivity of capital QK and the marginal productivity of labor QL when the capital expenditure is $1,296,000 dollars and the labor level is 20,736 worker-hours.
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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