Question: Marginal ProdUCtivity Consider the Cobb-Douglas production function f(x, y) = 700X0'6y0'4. When X = 900 and y = 700, find the following. (Round your answers

 Marginal ProdUCtivity Consider the Cobb-Douglas production function f(x, y) = 700X0'6y0'4.

When X = 900 and y = 700, find the following. (Round

Marginal ProdUCtivity Consider the Cobb-Douglas production function f(x, y) = 700X0'6y0'4. When X = 900 and y = 700, find the following. (Round your answers to two decimal places.) 0f (3X (a) the marginal productivity of labor, :1 (b) the marginal productivity of capital, M 0y :1

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