Question: 5. Suppose the production function is given by Q = f{L,K} = 5L132K1. |f4 units of capital {H} and 25 units of labor [L] are

5. Suppose the production function is given by Q = f{L,K} = 5L132K1. |f4 units of capital {H} and 25 units of labor [L] are employed. Answer the following questions: Question 6 5.1. What is the marginal product of labor? (:2: 12.5 g as Q to Q 4o Question 3' 5.2. What is the average product of capital? Q as {3 4o (3 to (3 12.5

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