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Consider the following production function: Q = K^a + KL^(b+2), find the marginal product of capital.

The marginal product of capital (MPK) is defined as the additional unit of output, all things being equal, that comes with an additional unit of capital used.
The equation for MPK is: change in outpu...

ZF
Answered by Zachary F. Economics tutor
4682 Views

How do I know where to start with my reading/work?

It is useful to use the lecture slides/reading list a guide to focus you reading and learning for Geography at University.I would recommend starting with a topic you find particularly interesting then rea...

LH
Answered by Lucy H. Geography tutor
1280 Views

Mr. A has utility function U(x,y) = ln(x) + ln(y) and budget constraint M = px + qy, solve for the demand functions x* and y* ?

We want to maximize U(x,y) subject to  the constraint M = px + qy, where M is monetary income and p,q are the prices of x and y respectively. Since this is a constrained optimization problem we can use th...

GS
Answered by Gian S. Economics tutor
7442 Views

Explain how the doctrine of judicial precedent binds the Court of Appeal

The Court of Appeal is bound by the doctrine of judicial precedent, as all courts in England and Wales are bound. Due to its position in the hierarchy of English courts, the decisions from the Court of Ap...

CH
Answered by Chloe H. Law tutor
9132 Views

How many distinct solutions does the following equation have? log(base x^2 +2) (4-5x^2 - 6x^3) = 2 a)None, b)1, c)2, d)4, e)Infinitely many

log(base x2 +2) (4-5x2 - 6x3) = 2 is equivalent to 4-5x2-6x3=(x2+2)2 Therefore, we are looking for solutions to the equation 4 ...

TM
Answered by Teodora M. MAT tutor
2116 Views

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