Ask a New Question

Cobb-Douglas Production function Y=60K^1/3 L^2/3

I am having trouble figuring out the correct code. I am trying to do an unrestricted and restricted model of a Cobb-Douglas
1. 0 answers
2. asked by somebody
3. 435 views
Cobb-Douglas Production functionY=60K^1/3 L^2/3 If K=64 L=8 calculate MPL What is the equilibrium real wage in the economy
1. 0 answers
2. asked by Julie
3. 1,127 views
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
1. 0 answers
2. asked by ellen
3. 739 views
8. Suppose that the firm faces a Cobb–Douglas production function with two inputs: K iscapital (the number of machines =
1. 1 answer
2. 90 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3a) what fraction of income do capital and
1. 1 answer
2. asked by Evaristi Paulo
3. 172 views
Consider the following simplified economy described by a Cobb-Douglas production function with three factors of production:
1. 0 answers
2. asked by Emily
3. 749 views
Consider the following simplified economy described by a Cobb-Douglas production function with three factors of production:
1. 0 answers
2. asked by Jennifer
3. 646 views
PLEASE CHECK AND CORRECT MY ANSWERS!!!!MRTS = marginal rate of technical substitution RTS = returns to scale MP = marginal
1. 1 answer
2. asked by Anonymous
3. 1,258 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3a)Suppose that immigration increases the
1. 1 answer
2. asked by Evaristi Paulo
3. 173 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3a)Suppose that immigration increases the
1. 1 answer
2. asked by Evaristi Paulo
3. 186 views