Question 4 O out of 10 points Suppose we have a production function Q = 5.2K-K2....

Question

Question

business economics

Answer 1

Answer #1

ans) 18

Marginal product of capital ( MPK) = dQ/dk = 5.2 - 2K

Put K = 2 implies MPK = 5.2 - 2(2) = 1.2

MPK * marginal revenue = 1.2* 15 = 18

Answer 2

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