=+ 7. (This problem requires the use of calculus.) Consider a CobbDouglas production function with three inputs.

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=+ 7. (This problem requires the use of calculus.)

Consider a Cobb–Douglas production function with three inputs. K is capital (the number of machines), L is labor (the number of workers),

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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