Question: Need help please thnk you! 1. Consider production function Y = AK1/413/4, the marginal productivity of labor (A) LAK-3/4 13/4 (B) 'AK1/4L-1/4 (C) AK1/4L-1/4 (D)

Need help please thnk you!

1. Consider production function Y = AK1/413/4, the marginal productivity of labor (A) LAK-3/4 13/4 (B) 'AK1/4L-1/4 (C) AK1/4L-1/4 (D) Y/L 2. In the Cobb-Douglas production function Y = KoLl-a, if a = 1/3, then: (A) capital's share of income is one. (B) labor's share of income is one. (C) labor's share of GDP is 2/3. (D) labor's share of GDP is 1/3

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