Answer to Question #318633 in Calculus for sarah

Question #318633

A Cobb–Douglas production function is given by

Assuming that capital, K, is fixed at 100, write down a formula for Q in terms of L only. Calculate the marginal product of labour when

(a) L=4

(b) L=25

(c) L=10000

Verify that the law of diminishing marginal productivity holds in this case.

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