For the production function q 8k06l05 derive a function


Question: 1. For the production function Q = 8K0.6L0.5 derive a function for the slope of the marginal product of L. What effect will a marginal increase in K have upon this MPL function?

2. Derive all the second-order and cross partial derivatives for the production function Q = 35KL + 1.4LK2 + 3.2L2 and interpret their meaning.

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Microeconomics: For the production function q 8k06l05 derive a function
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