Marginal Product of Labor



True or False? from Fall 2010 Mid-term.

See pp. 67-71, particularly page 70  (Jones Macro Econ Crisis Update Edition)


Here we need to do a little calculus.



Note that our proposed MPL above has a Y term in it. Let’s see if we can manipulate the expression above to get that Y term in it.
           

So, False (there was that "A" in the to equation).







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