Question
Find the rate of change of output with respect to time, if the production function is Q=A(t)K(alpha)L(beta), where A(t) is an increasing function of t,
Find the rate of change of output with respect to time, if the production function is Q=A(t)K(alpha)L(beta), where A(t) is an increasing function of t, and K=K0 + alpha t and L=L0 + beta t.
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Qt At K a LB At K t 4 B1 AtKLKt at L t B t A1 KL K At Bt AttL A...
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
