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    Macroeconomics Study Set 30
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    Exam 4: A Model of Production
  5. Question
    If the Production Function Is\(Y = K ^ { 1 / 3 } L ^ { 2 / 3 }\)
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If the Production Function Is Y=K1/3L2/3Y = K ^ { 1 / 3 } L ^ { 2 / 3 }Y=K1/3L2/3

Question 43

Question 43

True/False

If the production function is Y=K1/3L2/3Y = K ^ { 1 / 3 } L ^ { 2 / 3 }Y=K1/3L2/3
, then in per worker terms, it can be written as y=K1/3/Ly = K ^ { 1 / 3 } / Ly=K1/3/L
.

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