The following production grid shows the relationship between the number of units of Capital and Labor...

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The following production grid shows the relationship between the number of units of Capital and Labor inputs and the output that can be produced by the firm after employing those units. Capital Labor 0 1 2 3 4 5 6 7 8 9 0 0 0 0 0 00 0 0 0 0 1 0 3 9 21 36 54 63 69 72 72 2 0 9 36 90 180 255 315 360 390 405 3 0 21 90 255 315 360 450 540 630 690 4 0 36 180 315 390 630 840 1020 1140 1230 5 0 54 255 360 630 1230 1500 1710 1860 1980 6 0 63 315 450 840 1500 2100 2550 2850 3000 7 0 69 360 540 1020 1710 2550 3300 3900 4200 8 0 72 390 630 1140 1860 2850 9 0 72 405 690 1230 1980 3000 3900 4500 4800 4200 4800 5100 (a) Based on this information use Excel Charts to set up an isoquant map with isoquants representing output levels of 36, 315, and 630 units of output. (b) Copy your Isoquant map into a Word or pdf file with an essay explaining the nature and the meaning of the isoquant curves that you have drawn. As part of this essay make sure that you discuss the meaning of the slopes of the isoquant lines. Specifically, you need to explain how and why the slopes of the isoquants are related to the marginal productivities of the two inputs, labor and capital. Note that you must upload your answer as one single Word or pdf file that will be reviewed by Turnitin for originality. The following production grid shows the relationship between the number of units of Capital and Labor inputs and the output that can be produced by the firm after employing those units. Capital Labor 0 1 2 3 4 5 6 7 8 9 0 0 0 0 0 00 0 0 0 0 1 0 3 9 21 36 54 63 69 72 72 2 0 9 36 90 180 255 315 360 390 405 3 0 21 90 255 315 360 450 540 630 690 4 0 36 180 315 390 630 840 1020 1140 1230 5 0 54 255 360 630 1230 1500 1710 1860 1980 6 0 63 315 450 840 1500 2100 2550 2850 3000 7 0 69 360 540 1020 1710 2550 3300 3900 4200 8 0 72 390 630 1140 1860 2850 9 0 72 405 690 1230 1980 3000 3900 4500 4800 4200 4800 5100 (a) Based on this information use Excel Charts to set up an isoquant map with isoquants representing output levels of 36, 315, and 630 units of output. (b) Copy your Isoquant map into a Word or pdf file with an essay explaining the nature and the meaning of the isoquant curves that you have drawn. As part of this essay make sure that you discuss the meaning of the slopes of the isoquant lines. Specifically, you need to explain how and why the slopes of the isoquants are related to the marginal productivities of the two inputs, labor and capital. Note that you must upload your answer as one single Word or pdf file that will be reviewed by Turnitin for originality.