Need answers! Urgent
You lost patience? Sorry. I did think about it. What have you been doing?
If we fix the production, Q, or the ratio Q/A, we see that K can be expressed as a function of L.
Rewrite the expression as
Find the implicit derivative with K = f(L)
Solve for , which is the marginal change in K associated with a unit change in L.
See, it wasn't so bad.