Provide an appropriate response.The Cobb-Douglas production function for a company is given by P = 20l1/3k2/3, where P is the monthly production value when k is the amount of the company's capital investment (in dollars per month) and l is the size of the labor force (in work hours per month). Find Pll and Plk.

What will be an ideal response?


Pll = - l-5/3k2/3;  Plk = l-2/3k-1/3

Mathematics

You might also like to view...

Find the moment or center of mass of the wire, as indicated.Find the center of mass of a wire that lies along the semicircle y =  if the density of the wire is 

A.  = ?,  = ?
B.  = 0,  = ?
C.  = 0,  = ?
D.  = ?,  = ?

Mathematics

Solve the problem.The distance from the downtown station to the last stop on a commuter railroad line is 9 miles. The distance between stops is about 1.5 miles. How many stops are there?

A. 7 stops B. 5 stops C. 3 stops D. 6 stops

Mathematics

Provide an appropriate response.When using the x-intercept method of graphical solution for a linear equation that has no solutions, what would be the appearance of the graphical display?

What will be an ideal response?

Mathematics

Find an irrational number between 1 and 2.

What will be an ideal response?

Mathematics