Answer to Question #117947 in Microeconomics for Alexander's
Suppose the production function is given by Q (L,k)=L 3\2 k1\2 assuming capital fixed find APL and MPL
1
2020-06-08T11:06:38-0400
APL=LTP
APL=LL23K21=(LK)21
MPL=ΔLΔTPL
MPL=23L21K21
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