Question:
The productivity of a major manufacturer of microwave ovens
Last updated: 4/24/2023
The productivity of a major manufacturer of microwave ovens is given approximately 0 1 0 9 by the Cobb Douglas production function f x y 45x0 y with the utilization of x units of labor and y units of capital If the company is currently utilizing 4500 units of labor and 2000 units of capital find the marginal productivity of labor to the nearest unit 32 units 129 units 217 units 2 units