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