The following table presents information on how many cookies can be produced from eggs and a mixture of other ingredients (measured in ounces):

Recently, you found a new way to mix ingredients with eggs. The same amount of ingredients and eggs produces different numbers of cookies, as shown in the following table:

a) Verify that the change to the new production function represents technological progress.
b) For each production function find the marginal products of eggs when mixed ingredients is held fixed at 8. Verify that when mixed ingredients is held fixed at 8, the technological progress increases the marginal product of eggs.

Transcribed Image Text:

6-0864-2 123 2-08644 122 8-08666 4-08888 0-00000 01234 16-0-12-21-26-33 3 8001-22 23 0-0000-0 0123-4