Using the Cobb-Douglas Production $Y = \bar { A } K ^ { 1 / 4 } L ^ { 3 / 4 }$

question 92

Multiple Choice

Using the Cobb-Douglas production $Y = \bar { A } K ^ { 1 / 4 } L ^ { 3 / 4 }$ , the marginal product of labor, or the real
Wage, is:

• A) \(1 / 4 \cdot \frac { \bar { A } K ^ { - 3 / 4 } } { L ^ { 3 / 4 } }\)
• B) \(2 / 3 \cdot \frac { \bar { A } K ^ { 1 / 3 } } { L ^ { 1 / 3 } }\)
• C) \(3 / 4 \cdot \bar { A } L ^ { - 1 / 4 }\)
• D) \(\bar { A } K ^ { 1 / 4 }\)
• E) \(3 / 4 \cdot \frac { \bar { A } K ^ { - 1 / 4 } } { L ^ { 1 / 4 } }\)

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