Question: Question 15 5 pts Given the production function y = 4x05, if Price of output is P and price of input X is V and

Question 15 5 pts Given the production function y = 4x05, if Price of output is P and price of input X is V and fixed cost is FC, what is the expression for marginal cost (MC) as a function of Y? O MC = y2/4V O MC = ()/4V) 1/2 O MC = Vy05/4 O MC = (4) 16 Question 16 5 pts Given the production function y = 6x-2, if Price of output is P and price of input X is V and fixed cost is FC, what is the expression for marginal cost (MC) as a function of Y? O MC = (Vy/6)2 O MC = (6/Vy)-0.5 O MC = -0.5(VV6) * y-1.5 O MC = Vy/6

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