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Manipulation of the Cobb Douglas
I am having trouble figuring out the correct code. I am trying to do an unrestricted and restricted model of a Cobb-Douglas
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somebody
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Manipulation of the Cobb Douglas Equation gives us expression for output per working age person:
growth rate of
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joe
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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
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Julie
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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
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ellen
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Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a) what fraction of income do capital and
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Evaristi Paulo
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I know the answer to the first one is "e" and the answer to the second one is "a "but I have no idea why please explain how to
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Jennifer
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I know the answer to the first one is "e" and the answer to the second one is "a "but I have no idea why please explain how to
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Jennifer
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PLEASE CHECK AND CORRECT MY ANSWERS!!!!
MRTS = marginal rate of technical substitution RTS = returns to scale MP = marginal
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Anonymous
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"The great principle of self-government is at stake, and surely the people of this country are never going to decide that the
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silent
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"The great principle of self-government is at stake, and surely the people of this country are never going to decide that the
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