Answer to Question #273556 in Microeconomics for Jen

Question #273556

 A firm’s production function is given by the equation f(K,L) = 6K0.5L0.5. The marginal product of labor for this firm is


1
Expert's answer
2021-11-30T18:07:20-0500

The marginal product of labor 

"MPL=f'(K, L)=\\frac{3K^{0.5}}{L^{0.5}}"


"MPL=\\frac{3K^{0.5}}{L^{0.5}}"


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
APPROVED BY CLIENTS