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Do Homework- ceolia domminguez-Google Cheame ? Es seguro l https//www.mathxtcom/

ID: 1157603 • Letter: D

Question

Do Homework- ceolia domminguez-Google Cheame ? Es seguro l https//www.mathxtcom/Student/playelHomewon alp homework d ? Managerial Economics-Summer 2018-Section 001 Homework: Chapter 5: Production Score: 0 of 1pt Concept Question 3.2 13 of 15 (6 complete ? Consider the following production function Given the following expressions for the marginal productivity of each input Assuming capital is plotted on the vertical axis and labor is plotted on the horizointal axis, determine the arginal rate of techn L -10 (Round your answer up to hwo decimal places and include the proper sgn) nter your answer in the answer box and then click check Il parts showing Clear All 3 4 5 6 7 8 9

Explanation / Answer

Answer:

MRTS= MPL/MPK

=9K+10L-L^2/9L

At K=25, L=10 substituted in the above formula

= 1

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