Question
The marginal product of labour (L) of the production
function F(L, K) = LK2 is , MPL =Solution
The marginal product of labour (L) of the production function F(L, K) = LK2 is obtained by differentiating the production function with respect to labour. Therefore, MPL = K2
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Find the appropriate Phrasal verb.
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a person who is skilled in the use of words and language
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