9 Question 362.5 ptsGiven the production function y = 2x1x2, what is the marginal rate of technical substitution of x, for x2 (MRS 1x2) when x2 is 5?O -10/x1O -10/x2O -5/x1Question 372.5 ptsGiven the production function y = 4x1+ 3x 2, what is the marginal physical product of x1 when x, is 2?O 12O 8O 3O 4 Question 362.5 ptsGiven the production function y = 2x1x2, what is the marginal rate of technical substitution of x, for x2 (MRS 1x2) when x2 is 5?O -10/x1O -10/x2O -5/x1Question 372.5 ptsGiven the production function y = 4x1+ 3x 2, what is the marginal physical product of x1 when x, is 2?O 12O 8O 3O 4

1. Marginal rate of technical substitution = -dL/dK = -dx1/dx2 = -2x2/2x1 = -x2/x1 = -5/x1 Option D…

Business

Economics

9

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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