annalynne said:Y = A[K^?][L^(1-?)/2][H^(1-?)/2]
annalynne said:I have 3 questions surrounding this equation:
Y = A[K^?][L^(1-?)/2][H^(1-?)/2] where 0 < ? < 1
1. What Is ?Y/?L?
2. What Is APL (APL = Y/L)?
3. What Is ?APL/?L
What are the constants - what are the variables?
Subhotosh Khan said:What are the constants - what are the variables?
Subhotosh Khan said:What are the constants - what are the variables?annalynne said:I have 3 questions surrounding this equation:
Y = A[K^?][L^(1-?)/2][H^(1-?)/2] where 0 < ? < 1
1. What Is ?Y/?L?
2. What Is APL (APL = Y/L)?
3. What Is ?APL/?L
annalynne said:Sorry everyone!
The constants are: A, L, H << In that case ?Y/?L does not exist