The productivity of a certain country with the utilization of x units of labor and y units of capital is given approximately by the function f(x,y) = 100x0y.38 (A) Find f, (x.y) and fy(x,y). (B) If the country is now using 600 units of labor and 500 units of capital, find the marginal productivity of labor and the marginal productivity of capital. (C) For the greatest increase in the country's productivity, should the government encourage increased use of labor or increased use of capital? (A) f, (xy)=D (B) The marginal productivity of labor is. (Round to two decimal places as needed.) The marginal productivity of capital is. (Round to two decimal places as needed.) courage increased use of (C) For the greatest increase in the country's productivity, the government should
The productivity of a certain country with the utilization of x units of labor and y units of capital is given approximately by the function f(x,y) = 100x0y.38 (A) Find f, (x.y) and fy(x,y). (B) If the country is now using 600 units of labor and 500 units of capital, find the marginal productivity of labor and the marginal productivity of capital. (C) For the greatest increase in the country's productivity, should the government encourage increased use of labor or increased use of capital? (A) f, (xy)=D (B) The marginal productivity of labor is. (Round to two decimal places as needed.) The marginal productivity of capital is. (Round to two decimal places as needed.) courage increased use of (C) For the greatest increase in the country's productivity, the government should
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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![The productivity of a certain country with the utilization of x units of labor and y units of capital is given approximately by the function f(x,y) = 100x 0y.38.
(A) Find f, (x.y) and fy(x,y).
(B) If the country is now using 600 units of labor and 500 units of capital, find the
marginal productivity of labor and the marginal productivity of capital.
(C) For the greatest increase in the country's productivity, should the government
encourage increased use of labor or increased use of capital?
(A)F, ky) =D
(B) The marginal productivity of labor is.
(Round to two decimal places as needed.)
The marginal productivity of capital is.
(Round to two decimal places as needed.)
(C) For the greatest increase in the country's productivity, the government should encourage increased use of
Enter your answer in each of the answer boxes.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F154e534f-21f3-46ca-b7cc-ee47efd09a39%2F8099aa57-5933-4464-badd-569c0863d57f%2F9qp50bk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The productivity of a certain country with the utilization of x units of labor and y units of capital is given approximately by the function f(x,y) = 100x 0y.38.
(A) Find f, (x.y) and fy(x,y).
(B) If the country is now using 600 units of labor and 500 units of capital, find the
marginal productivity of labor and the marginal productivity of capital.
(C) For the greatest increase in the country's productivity, should the government
encourage increased use of labor or increased use of capital?
(A)F, ky) =D
(B) The marginal productivity of labor is.
(Round to two decimal places as needed.)
The marginal productivity of capital is.
(Round to two decimal places as needed.)
(C) For the greatest increase in the country's productivity, the government should encourage increased use of
Enter your answer in each of the answer boxes.
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