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Solve the Problem. -The Productivity of a Major Manufacturer of Microwave Ovens Is

Question 57

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Solve the problem.
-The productivity of a major manufacturer of microwave ovens is given approximately by the Cobb-Douglas production function Solve the problem. -The productivity of a major manufacturer of microwave ovens is given approximately by the Cobb-Douglas production function   with the utilization of x units of labor and y units of capital. If the Company is currently utilizing 4500 units of labor and 2000 units of capital, find the marginal productivity of Labor to the nearest unit. A)  129 units B)  2 units C)  217 units D)  32 units with the utilization of x units of labor and y units of capital. If the
Company is currently utilizing 4500 units of labor and 2000 units of capital, find the marginal productivity of
Labor to the nearest unit.


A) 129 units
B) 2 units
C) 217 units
D) 32 units

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