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Suppose that an economy's has the Cobb-Douglas production function: Y = AK L 1- . What is the marginal product of labor if A =10,

Suppose that an economy's has the Cobb-Douglas production function: Y = AKL1-.

  1. What is the marginal product of labor if A =10, K= 5, L = 8, and= 0.3.
  2. What is the marginal product of capital if A =10, K= 5, L = 8, and= 0.3.

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