Question: A wheat farmer has a production function of = KL = 10.5/ 0.5 with marginal products MPL =0.540.51 -0.5 =0.5 K L MPK = 0.5K-0.510.5

A wheat farmer has a production function of = KL =

10.5/ 0.5 with marginal products MPL =0.540.51 -0.5 =0.5 K L MPK

A wheat farmer has a production function of = KL = 10.5/ 0.5 with marginal products MPL =0.540.51 -0.5 =0.5 K L MPK = 0.5K-0.510.5 =0.5 L

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