Question: A company has a production function Q = ( K)^0.5 + L . For this production function MPL =1 and MPK =0.5( K )^-0.5. The

A company has a production functionQ= (K)^0.5+L. For this production functionMPL=1 andMPK=0.5(K)^-0.5. The firm facesw=$50andr=$1. Keeping r =1, the price of labor, w, must fall to less than $_________

in order for the firm to use a positive amount of capital to produce 10 units, or the output Q must increase to over_______________________ units for the firm to use a positive amount of capital,at w=$50.

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