quantity produced and state the type of return to scale. (4 marks) Question 2 a) The production function for the new smartphone is given by, q= 350 (KL)0-5 + 3K' + 3L where q is the number of smartphones the company produce per hour, K is the number of machines used each hour and L is the number of workers on duty each hour. There are currently X machines operational every hour and exactly Y workers on duty every hour. Select a value for X between (26-45) and a value for Y between (110 - 320) such that each student will have a unique answer. i) Calculate the number of smartphones produced every hour. (2 mark) ii) Formulate the equation for the Marginal Productivity of Labour (MPL) and solve. (4 mark) iii) Formulate the equation for the Marginal Productivity of Capital (MPK) and solve. (4 mark) iv) Calculate the Average Productivity of Labour (APL). (2 mark) V Calculate the Average Productivity of Capital (APK). (2 mark) E. Apple has the funds necessary to either hire one extra worker or rent one extra machine, what do you think Apple should do, and why? (2 mark) b) Suppose Chevan has SX on waterme les Select a value for X between