Suppose the production function for a car manufacturer is:
Q = 2K²L²
Where Q is the number of cars produced, K is the number of machine hours used, and L is the number of worker hours used. The function for the marginal product of capital is ____.

Question

Quizplus · Accepted Answer

The marginal product of capital is found by taking the partial derivative of the production function with respect to K, which results in 4KL².

Suppose the Production Function for a Car Manufacturer Is