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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 Given By\(Y = K ^ { 1 / 3 } L ^ { 2 / 3 }\)
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If the Production Function Is Given By Y=K1/3L2/3Y = K ^ { 1 / 3 } L ^ { 2 / 3 }Y=K1/3L2/3

Question 66

Question 66

True/False

If the production function is given by Y=K1/3L2/3Y = K ^ { 1 / 3 } L ^ { 2 / 3 }Y=K1/3L2/3
, the marginal product of capital is (1/3)(Y/K).

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