Ask a New Question
Search
Cobb-Douglas Production function
Y=60K^1/3 L^2/3
If K=64 L=8 calculate MPL
What is the equilibrium real wage in the economy
Similar Questions
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a)Suppose that immigration increases the
1 answer
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a)Suppose that immigration increases the
1 answer
I am having trouble figuring out the correct code. I am trying to do an unrestricted and restricted model of a Cobb-Douglas
0 answers
Question concerning production function - Cobb douglas. Given is:
y=(0,2K-1 + 0,8L-1)-1 If wk = wL =1, what will k and L be? Now
0 answers
more similar questions