Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Differentiation
Cobb-Douglas production function
Power Rule
Implicit Differentiation
Formulas
L^0.5 * K^0.5 = 1000
K = (1000 / L^0.5)^2
K = 1,000,000 / L
Theorems
Power Rule for differentiation
Suitable Grade Level
Undergraduate Economics or Calculus
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