Assume a production function is given by
)If
And
,and the steady state capital stock is 8.0,the steady-state level of capital is about:
A)8.0.
B)4.0.
C)45.3.
D)2.0.
E)22.6

Question

Assume a production function is given by 
)If 
And 
,and the steady state capital stock is 8.0,the steady-state level of capital is about:
A)8.0. 
B)4.0. 
C)45.3. 
D)2.0. 
E)22.6

Quizplus · Accepted Answer

The Answer of Assume a production function is given by 
)If 
And 
,and the steady state capital stock is 8.0,the steady-state level of capital is about:
A)8.0. 
B)4.0. 
C)45.3. 
D)2.0. 
E)22.6

Assume a Production Function Is Given by