Question: i need help 8. A long run production function is estimated as follows: Q = -0.015 K3L3 + 24 KZL2 Assume that the rm employs
i need help

8. A long run production function is estimated as follows: Q = -0.015 K3L3 + 24 KZL2 Assume that the rm employs 5 units of capital a. What the short run production Jnction looks like? b. What is the Total Product? c. What is the Average Product? (1. Estimate the Marginal Product e. When do we start seeing diminishing marginal returns? f. When Average Product does begin to diminish? g. What is the Marginal Product when 7 units of labor are employed? h. Estimate the Average Product when 7 units of labor are employed
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