Could someone help with this problem, let me know if I am correct. Thanks
Y = [(AL)1/2 +BK1/2]2
dY/dK = [1 +BK1/2]2
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Could someone help with this problem, let me know if I am correct. Thanks
Y = [(AL)1/2 +BK1/2]2
dY/dK = [1 +BK1/2]2
Y = [(AL)1/2 +BK1/2]2
Assuming A,L and B are comstants
Think of this as Y = u^2 where u = [(AL)^(1/2) + BK^(1/2)]
dy/dk = 2u du/dk = 2[(AL)^(1/2) + BK^(1/2)] *(1/2BK^(-1/2))