Not that Hard Calculus Problem... I think

Calculus Level 3

This is a typical production function of a country: Y = 2\(K^{0.5}\)\(L^{0.5}\). Where Y = GDP of the country, K = Physical Capital of the Country and L = Physical Labour of the country. In this country Capital and Labour is a 2 to 1 substitution so that 4K = L. Find the total differentiation with respect to labour. Evaluate this derivative when L = 100

×

Problem Loading...

Note Loading...

Set Loading...