Cobb Douglas Production Function: Derive MP as a Function of AP

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  • Опубліковано 11 вер 2024
  • Q = (L^a)(K^b)
    Prove that Marginal Product of Labor = a x Average Product of Labor

КОМЕНТАРІ • 2

  • @twawebwasarah1221
    @twawebwasarah1221 4 місяці тому

    I need expression for marginal product of labour and marginal product of capital

  • @geosids7815
    @geosids7815 10 місяців тому

    Dear Sir can you make a video about pareto optimal and the pareto improvement and the association with the perfect competition