Consider the Cobb-Douglas production function F(x, y) = 200-0.65,0.35. When x = 1800 and y = 900, find the following. (Round your answers to two decimal places.) (a) the marginal productivity of labor, af/əx (b) the marginal productivity of capital, afiðy

Calculus: Early Transcendentals
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Author:James Stewart
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Chapter1: Functions And Models
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Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Consider the Cobb-Douglas production function

f(x, y) = 300x0.65y0.35.

When 

x = 1800 and y = 900,

 find the following. (Round your answers to two decimal places.)

(a) the marginal productivity of labor, 
∂f/∂x



(b) the marginal productivity of capital, 
∂f/∂y
Consider the Cobb-Douglas production function
F(x, y) = 300x-0.65,0.35,
When x = 1800 and y = 900, find the following. (Round your answers to two decimal places.)
(a) the marginal productivity of labor, Of/ax
(b) the marginal productivity of capital, ôf/ðy
Transcribed Image Text:Consider the Cobb-Douglas production function F(x, y) = 300x-0.65,0.35, When x = 1800 and y = 900, find the following. (Round your answers to two decimal places.) (a) the marginal productivity of labor, Of/ax (b) the marginal productivity of capital, ôf/ðy
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