MHB Partial derivatives economics question

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The discussion focuses on computing the expression KY'(K) + LY'(L) for the function Y = AK^a + BL^a, where Y'(K) represents the partial derivative with respect to K. The correct partial derivative is found to be Y'(K) = AaK^(a-1), leading to the conclusion that KY'(K) + LY'(L) simplifies to aY. Participants clarify that A and B are constants, which resolves initial confusion about their roles in the equation. The conversation emphasizes the straightforward nature of the computation once the definitions are clear. Understanding the partial derivatives is crucial for solving the problem accurately.
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If a and b are constants, compute the expression KY'(K) + LY'(L) for Y = AK^a + BL^a

Y'(K) means partial derivative with respect to K by the way. The answer in the book is KY'(K) + LY'(L) = aY

I'm not sure what they did or what they're asking :/
 
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It's pretty straightforward. I'll do the first one for you. We have $y_k=Aak^{a-1}$ (because the other term doesn't have a $k$ since it's the partial derivative), and $y_k$ denotes the partial derivative respecto to $k.$

Try the other one and substitute.
 
Krizalid said:
It's pretty straightforward. I'll do the first one for you. We have $y_k=Aak^{a-1}$ (because the other term doesn't have a $k$ since it's the partial derivative), and $y_k$ denotes the partial derivative respecto to $k.$

Try the other one and substitute.

Thanks! I get it now, was confused on whether the A and B were variables or not. Thanks!
 
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