Question: there is a production function f(L,K)=sqrt(L)*sqrt(K). -short run -K is fixed at 64. 1. With 1 unit of labor, how much is produced? 2 units

there is a production function f(L,K)=sqrt(L)*sqrt(K).

-short run

-K is fixed at 64.

1. With 1 unit of labor, how much is produced? 2 units of labor? 3? 4?

2. What is the marginal product of labor when there is one unit of labor? two unit of labor? three? four?

.3.

there is a production function f(L,K)=sqrt(L)*sqrt(K).-short run-K is fixed at 64.1. With

To find the Marginal Revenue Product, we need to multiply MPL by what? O Capital O Quantity O Price

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