Question: Suppose that a company's production function for a certain product is z(x = 1)1/2 ln ( y2 + 1) where x is the number of
z(x = 1)1/2 ln ( y2 + 1)
where x is the number of work-hours of unskilled labor and y is the number of work-hours of skilled labor. Find the marginal productivity of
(a) x.
(b) y.
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