tiggrice7971 tiggrice7971

15-04-2024
Business

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Suppose the economy's production function is Y = AK⁰.³ N⁰.⁷. Suppose K = 200, N = 2000, and A = 1. Calculate the marginal product of capital.
A) 1.0
B) 1.5
C) 2.0
D) 2.5

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