Question: If the production function is Q = K .5 L .5 and capital is fixed at 9 units, then the marginal product of labor when
If the production function is Q = K.5L.5 and capital is fixed at 9 units, then the marginal product of labor when L = 49 is
Multiple Choice
- 3.
- 9/98.
- 3/14.
- 1/14.
Please show calculations and work.
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