T Tina New member Jun 20, 2009 #1 How do I prove if capital (K) and labour (L) are complementary inputs for the production function: Y = A*K^α*L^(1-α)/2*H^(1-α)/2 in that more capital raises both MPL & APL?
How do I prove if capital (K) and labour (L) are complementary inputs for the production function: Y = A*K^α*L^(1-α)/2*H^(1-α)/2 in that more capital raises both MPL & APL?