Question: 5. (4 points) Given a Cobb-Douglas production function of the form: Q : K0.2L0.8 Prove that the output elasticity of capital (K), as defined below,

5. (4 points) Given a Cobb-Douglas production function of the form:

5. (4 points) Given a Cobb-Douglas production function of the form: Q : K0.2L0.8 Prove that the output elasticity of capital (K), as defined below, is equal to 0.2. _ are/ax _ r125 "_ Q/K _ 6K0

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