Question: please answer both questions In Example 6.4 wheat is produced according to the production function: q=100(k0.8.0.2). Beginning with a capital input of 4 and a

In Example 6.4 wheat is produced according to the production function: q=100(k0.8.0.2). Beginning with a capital input of 4 and a labor input of 49, show that the marginal product of labor and the marginal product of capital are both decreasing. (Round your responses to two decimal places.) The MP at 5 units of capital is The MP at 6 units of capital is The MP at 50 units of labor is The MP at 51 units of labor is Total Average Product of Variable Input 0 1 Fill in the gaps in the table below. (Enter your responses rounded to two decimal places.) Quantity of Marginal Variable Product of Input Output Variable input 0 225 225 2 575 350 3 875 300 4 1.115 250 5 225 1,317.5 - 225 225 287.5 291,67 219.58 6
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