Answer to Question #126868 in Economics for Nancy

Question

Suppose a firm employs only capital and labour (k&l) and if production function isq=2kl.if the quantities of labour and capital are fixed at k=10 and capital are fixed at l=25,then
a.total output cannot exceed 125
b.average product is equal to zero
c.marginal product of labour is 10
d.marginal product of capital is 50
e.marginal product is minimized

Answer 1

$$\frac {\delta isq}{\delta k}=2l=50$$

Answer:d