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Using the Cobb-Douglas Production Function, the Real Wage in Equilibrium

Question 28

Multiple Choice

Using the Cobb-Douglas production function, the real wage in equilibrium will be


A) (1- Using the Cobb-Douglas production function, the real wage in equilibrium will be A) (1- ) x (K/L) . B) (1- ) x (Y/L) . C) (1- ) x (L/Y) . D) (1- ) x (L/K) . ) x (K/L) .
B) (1- Using the Cobb-Douglas production function, the real wage in equilibrium will be A) (1- ) x (K/L) . B) (1- ) x (Y/L) . C) (1- ) x (L/Y) . D) (1- ) x (L/K) . ) x (Y/L) .
C) (1- Using the Cobb-Douglas production function, the real wage in equilibrium will be A) (1- ) x (K/L) . B) (1- ) x (Y/L) . C) (1- ) x (L/Y) . D) (1- ) x (L/K) . ) x (L/Y) .
D) (1- Using the Cobb-Douglas production function, the real wage in equilibrium will be A) (1- ) x (K/L) . B) (1- ) x (Y/L) . C) (1- ) x (L/Y) . D) (1- ) x (L/K) . ) x (L/K) .

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