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Suppose the production function is q k12l12 assume k 16

Suppose the production function is Q = K1/2L1/2. Assume K = 16 and L = 4.

a. What is the total output?

b. What is the average product of capital?

c. What is the average product of labor?

d. What is the marginal product of capital

e. What is the marginal product of labor?

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Business Management: Suppose the production function is q k12l12 assume k 16

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Business Management: Suppose the production function is q k12l12 assume k 16

Reference No:- TGS01657724

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