Math Problem Statement

F(A,K,L)=A(K^(1/2) + L^(1/2))^2 Find MPL and MPK

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Differential Calculus
Marginal Products
Partial Derivatives

Formulas

F(A, K, L) = A(K^(1/2) + L^(1/2))^2
MPL = A (K^(1/2) + L^(1/2)) / L^(1/2)
MPK = A (K^(1/2) + L^(1/2)) / K^(1/2)

Theorems

Chain Rule for Partial Derivatives

Suitable Grade Level

Undergraduate Economics or Mathematics