Question: 4 . ( 1 2 points ) A firm uses labor and capital to produce output. The following table provides information on how many units

4.(12 points) A firm uses labor and capital to produce output. The following table provides information on how many units of output can be produced from the inputs:
a. Graph one representative isoquant for this firm.
b. Calculate marginal products of labor and capital. Explain.
c. Calculate marginal rate of technical substitution. Explain.
d. Does this production function exhibit increasing, decreasing, or constant returns to scale? Explain.
4 . ( 1 2 points ) A firm uses labor and capital

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