Question: 2.2 The following is a production function. a. Draw a graph of marginal product as a function of output. (Hint: Marginal product is the additional

2.2 The following is a production function.

a. Draw a graph of marginal product as a function of output. (Hint: Marginal product is the additional number of units of output per unit of labor at each level of output.)

b. Does this graph exhibit diminishing returns? Explain your answer.

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