Question 1 Homework Answered Using the production function Q=(K^(3/2)) (L^(3/2)), what is the marginal productivity of labor (MPL) at K-2 and L-3? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 3"(6^(1/2)) (2^(1/2)*(3시(1/2) 6시(1/2) A Resubmit Answered - Incorrect. 1 attempt left Question 2 Homework Answered Still using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of capital (MPK) at K-3 and L4? Select an answer and sabmit. For keyboard navigation, use the up/down arrow keys to select an answer. 6^(3/2) b. 12 (3^(1/2)) 12 (6^(1/2)) Your answer Answered - Incorrect 1 attempt left A Resubmit Question 5 Homework Answered Does the production function Q (K^(3/2))*(L^(3/2)) exhibit increasing, decreasing or constant returns to scale? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. decreasing Your answer constant increasing Answered - Incorrect. 1 attempt left A Resubmit
Question 1 Homework Answered Using the production function Q=(K^(3/2)) (L^(3/2)), what is the marginal productivity of labor (MPL) at K-2 and L-3? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 3"(6^(1/2)) (2^(1/2)*(3시(1/2) 6시(1/2) A Resubmit Answered - Incorrect. 1 attempt left Question 2 Homework Answered Still using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of capital (MPK) at K-3 and L4? Select an answer and sabmit. For keyboard navigation, use the up/down arrow keys to select an answer. 6^(3/2) b. 12 (3^(1/2)) 12 (6^(1/2)) Your answer Answered - Incorrect 1 attempt left A Resubmit Question 5 Homework Answered Does the production function Q (K^(3/2))*(L^(3/2)) exhibit increasing, decreasing or constant returns to scale? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. decreasing Your answer constant increasing Answered - Incorrect. 1 attempt left A Resubmit
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
2
![Question 1
Homework Answered
Using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of labor (MPL) at K=2 and L=3?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
3" (6^(1/2)
b.
(2^(1/2))*(3^(1/2))
6시(1/2)
A Resubmit
Answered - Incorrect 1 attempt left
Question 2
Homework Answered
Still using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of capital (MPK) at K=3 and L4?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
6^(3/2)
12 (3^(1/2))
12*(6시(1/2))
Your answer
Answered - Incorrect l attempt left
A Resubmit
Question 5
Homework Answered
Does the production function Q=(K^(3/2))* (L^(3/2)) exhibit increasing, decreasing or constant returns to scale?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
decreasing
Your answer
constant
increasing
Answered - Incorrect 1 attermpt left
A Resubmit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F022654e1-be4a-45b5-b233-3d8dac2643d3%2Ffb6b4b5c-0c54-47cc-b154-5f59f3f6b08c%2Fdxtqh7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 1
Homework Answered
Using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of labor (MPL) at K=2 and L=3?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
3" (6^(1/2)
b.
(2^(1/2))*(3^(1/2))
6시(1/2)
A Resubmit
Answered - Incorrect 1 attempt left
Question 2
Homework Answered
Still using the production function Q=(K^(3/2))*(L^(3/2)), what is the marginal productivity of capital (MPK) at K=3 and L4?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
6^(3/2)
12 (3^(1/2))
12*(6시(1/2))
Your answer
Answered - Incorrect l attempt left
A Resubmit
Question 5
Homework Answered
Does the production function Q=(K^(3/2))* (L^(3/2)) exhibit increasing, decreasing or constant returns to scale?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
decreasing
Your answer
constant
increasing
Answered - Incorrect 1 attermpt left
A Resubmit
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