If We Assume a Cobb-Douglas Production Function, Where the Share

question 9

Multiple Choice

If we assume a Cobb-Douglas production function, where the share of capital is 0.25 and the share of labor is 0.75, then the marginal product of labor is equal to

• A)Y/N
• B)3Y/4N
• C)(3/4)N
• D)3K/4N
• E)3N/4Y

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