1 Topic 7 Part I Partial Differentiation Part II Marginal Functions Part II Partial Elasticity Part III Total Differentiation Part IV Returns to scale. - ppt download
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Partial elasticity of demand - Applications of partial derivatives
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SOLVED: QUESTION 1 Given the production function Q = 8L^0.5 K^0.5 a) Write down its first partial derivatives (1 point) b) Find the partial elasticity with respect to labour €qL aq ! (
