Please solve the problems below

Question 3 1 pts Suppose that Deliziosa, one pizza producer in New York City, faces the production function: 1 1 Q = 50KL3 where Q measure the pizzas produced per day, K is given by the pizza parlor -including the oven - and L is the number of workers employed per day. Assuming that i. the size of K is constant and equal to 1, ii. the variable costs only depend on employment and iii. the daily rental cost of capital and the wage for one worker are, respectively, $400 and $100, use the space below to show that the total cost of production are given by: TC =400+Q2 HTML Editors? Question 1 1 pts Consider the production function: Q = 50K 2 LZ Use the table below to compute AQ/AL, where AL = 1, at L = 1 and L = 2. Recall that Ameans change. K L Q AL AQ AQ/AL 0 O 2 Select all correct answers O At L = 1: AQ/AL = 50 O At L = 2: AQ/AL ~ 20.7 O At L = 1: AQ/AL = 25 O At L = 2: AQ/AL ~ 70.7 O At L = 2, AQ/AL ~ 10.35 O At L = 1: AQ/ AL= 12.5Question 2 1 pts Consider the production function: 1 1 Q = 50K: L3 This technology shows (select all correct answers): C] Decreasing returns to L C] Increasing returns to K C] Decreasing returns to K C] Constant returns to K C] Constant returns to scale C] Decreasing returns to scale C] Constant returns to L C] Increasing returns to L C] Increasing returns to scale Question 4 1 pts To answer the previous question it was not important to know whether the pizza producer owned or rented the pizza parlor. 0 True 0 False Question 5 1 pts [This question continues question 3] Given that the marginal cost function is given by MC 2 % , up to what level of daily output would Deliziosa benet from economies of scale? Show your derivation