1. Verify that, for the neoclassical production function, the marginal product of capital and the marginalproduct of labor are in fact given by (respectively),
∂Y/∂K =f'(K)
and
∂Y/∂L= f(k)- kf'(K)
(Minimum requirement: a serious attempt at deriving these expressions.)
the professor gave as a clue to keep in mind this function.
Y/K= f(K)= f(K/L)