Colon Davison
04/09/2023 · Middle School
2. (10 pts) The productivity of a South American country is given by the function \[ f(x, y)=12 x^{0.35} y^{0 . s s} \] when \( x \) units of labor and \( y \) units of capital are used. What is the marginal productivity of labor and the marginal productivity of capital when the amounts expended on labor and capital are 120 units and 30 units, respectively?
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The marginal productivity of labor is approximately 8.19 and the marginal productivity of capital is approximately 19.99.
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