Suppose the Production Function for Hamburgers is Q = 4L.50K.33. Where Q is the quantity of hamburgers, K is number of grills and L is the number of workers employed.
Continue to assume the input mix given above-determine the marginal product of labor? Note that K is fixed when we calculate the marginal product of Labor
Does Hamburgers production function display decreasing, increasing, or the constant returns to scale? Would your answer change if the production function were to be Q = L.66K.50? If yes, what would it be (decreasing, increasing, or the constant returns to scale)?