Question: Using the information given in the table, draw the isoquant corresponding to an output level of 9 6 9 6 . Starting from Lequals =

Using the information given in the table, draw the isoquant corresponding to an output level of
9696.
Starting from
Lequals=66
and
Kequals=11,
how much extra capital is needed to keep output constant if the labor is reduced from
Lequals=66
to
Lequals=44?
How much extra capital is needed to keep output constant if labor is
reducedreduced
from
Lequals=44
to
Lequals=22?
Part 2
L
K
1
2
3
4
5
6
1
4040
5656
6868
8080
8888
9696
2
5656
7676
8888
9696
104104
108108
3
6868
8888
100100
108108
116116
120120
4
8080
9696
108108
120120
128128
132132
5
8888
104104
116116
128128
136136
140140
6
9696
108108
120120
132132
140140
144144
Part 3
Using the four-point curved line drawing tool, graph the firm's isoquant for an output level of
9696.
Label this
'qequals=9696.'
Part 4
Carefully follow the instructions above, and only draw the required object.
...
Question content area right
Part 1
012345678012345678L,LaborK,Capital

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