Question: If the production function is 5 ( # 17 + 1 K7) What is the marginal product of labour (L)? MPL : 3 p (please

If the production function is 5 ( # 17 + 1 K7) What is the marginal product of labour (L)? MPL : 3 p (please give exact answer, no rounding to some number of decimals, and use capital letters) What is the marginal product of capital (K)? MPK (please give exact answer, no rounding to some number of decimals, and use capital letters) What is the marginal rate of technical substitution for labour with respect to capital (MRTS LK)? MRTS LK = (please give exact answer, no rounding to some number of decimals, and use capital letters)

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