Read the original post on Cobb Douglass II (the sequel). If you can convert Cobb Douglass I to Cobb Douglas II, then you’ll get an extra half-percentage point added to your total.
Specifically, I want you to convert this: to this: .
Leave a comment on the original post using your full name. The first one to get it right gets the bonus. Use (K/L)^alpha, etc. to represent fractions and Greek letters.
This exercise is certainly quite mathematical, and that’s why it’s a bonus. But for those of you who read the text, it’s a simple matter of knowing how to read (and write, of course).
Hint: See page 93 of your text book (Box 4.2).