Question: Question 1: Jerusha, a woodworker, builds coffee tables using both labor (L) and tools (capital, or K). Her production function for coffee tables is a

 Question 1: Jerusha, a woodworker, builds coffee tables using both labor
(L) and tools (capital, or K). Her production function for coffee tables

Question 1: Jerusha, a woodworker, builds coffee tables using both labor (L) and tools (capital, or K). Her production function for coffee tables is a Cobb-Douglas production function: Q=4K0.5L0.5. Suppose that in the short-run, Jerusha only has 16 tools (K=16). Round your answers to the nears one-hundredth place (0.01). Do not enter fractions into the boxes. Question 1 1 pts Part a: What is Jerusha's short-run production function? Q=L0.5 Question 2 1pts Part b: Suppose Jerusha employs 9 workers. What is her total product in the short-run? Part c: Suppose Jerusha employs 16 workers. What is her marginal product in the short-run? Question 4 1 pts Part d: Suppose Jerusha employs 4 workers. What is her average product in the short-run

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