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A firm firm that has production function f(L,K)= 3L 2/3 K 1/3 . What is the expression for this firm's Marginal Product of capital? MP
A firm firm that has production function f(L,K)= 3L2/3K1/3. What is the expression for this firm's Marginal Product of capital?
MPK(L,K)= L2/3/K2/3.
MPK(L,K)= 2L2/3/K1/3.
MPK(L,K)= 3L2/3/K2/3
MPK(L,K)= 3L2/3/K1/3.
MPK(L,K)= L1/3/K1/3.
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