Use partial differentiation to explain why the production


Question: 1. Derive formulae for the marginal products of the three inputs in the production function Q = 40K0.3L0.3R0.4.

2. Use partial differentiation to explain why the production function Q = 0.4K + 0.7L does not obey the law of diminishing marginal productivity.

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Microeconomics: Use partial differentiation to explain why the production
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