Determine the marginal product of labor and the marginal product of capital. Explain what these marginal products tell you about the relative productivity of labor and capital at GBC.   Q = quantity demanded L = labor K = capital Q = cL + bK Regression Statistics Multiple R 0.98080294 R Square 0.9619744 Adjusted R Square 0.92490206 Standard Error 6325.42663 Observations 30 ANOVA df SS MS F Significance F Regression 2 28341650299 14170825150 354.1730359 4.22447E-20 Residual 28 1120308617 40011022.05 Total 30 29461958917Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 0 #N/A #N/A #N/A #N/A #N/A #N/A #N/A Capital (K) 5.7167411 0.378040719 15.12202471 5.32891E-15 4.942359787 6.491122405 4.942359787 6.491122405 Labor (L) 0.06825837 0.062627908 1.089903333 0.285047106 -0.060029089 0.196545821 -0.060029089 0.196545821 Q = c(0.068) + b(5.716)

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