Answered: 8. If Y-AK0.5L0.5 and A, K, and L are…

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8. If Y-AK0.5L0.5 and A, K, and L are all 100, the marginal product of capital is: A) 50 B) 100. C) 200. D) 1,000.

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

8. If Y-AK0.5 10.5 and A, K, and L are all 100, the marginal product of capital is:
A) 50
B) 100.
C) 200.
D) 1,000.

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