# Question

To produce a recorded DVD, q = 1, a firm uses one blank disk, D = 1, and the services of a recording machine, M = 1, for one hour.

a. Draw the isoquants for this production function and explain its shape.

b. What is the MRTS at each point along the isoquant corresponding to q = 100?

c. Draw the total product, average product, and marginal product of labor curves (you will probably want to use two diagrams) for this production function.

a. Draw the isoquants for this production function and explain its shape.

b. What is the MRTS at each point along the isoquant corresponding to q = 100?

c. Draw the total product, average product, and marginal product of labor curves (you will probably want to use two diagrams) for this production function.

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