The output produced by a firm depends on the inputs of capital, K, and labor, L, according to Y = 20 K0.4L0.6 What is the marginal product of labor L? O A. 8 K-0.6L0.6 O B. 20 KO.4L-0.4 O C. 12 K-0.6_0.6 O D. 12 KO.4L-0.4
The output produced by a firm depends on the inputs of capital, K, and labor, L, according to Y = 20 K0.4L0.6 What is the marginal product of labor L? O A. 8 K-0.6L0.6 O B. 20 KO.4L-0.4 O C. 12 K-0.6_0.6 O D. 12 KO.4L-0.4
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:QUESTION 6
The output produced by a firm depends on the inputs of capital, K, and labor, L, according to Y = 20 KO.4L0.6. What is the marginal product of labor L?
O A. 8 K-0.6_0.6
O B. 20 K0.4L-0.4
O C. 12 K-0.6L0.6
OD. 12 KO.4L-0.4
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