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question 2,

Consider the Cobb-Douglas Production function: P(L, K) = 15L0.6 K0.4 Find the marginal productivity of labor and marginal productivity of capital functions. Enter your answers using CAPITAL L and K, or your answer will not be recognized. Also, do NOT use negative powers...convert all powers so they are positive. Use the preview button to make sure your answer is entered correctly before you submit any answer(s)! PL = PK The demand functions for two products are given below. P1, P2, 91, and q2 are the prices (in dollars) and quantities for products 1 and 2. S 91 1600 3p1 5p2 92 1400 5p1 3p2 What is the quantity demanded for each when the price for product 1 is $40 per item and the price for product 2 is $70 per item? Demand for product 1: Demand for product 2: Are these two products complementary goods or substitute goods Select an answer Complementary Substitutes Submit