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2 Question (2 points) Consider the following production function: y = f ( L , K ) = L 0.3 K 0.5 . where L is the amount of labor that the firm uses, K is the amount of capital, and y is output. 1st attempt Suppose that the firm is using 64 units of capital. What is the marginal product of labor when the firm is using 10 units of labor? What is the marginal product of labor if the firm is using 20 units of labor? Give your answers to two decimal places..

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2 Question (2 points) Consider the following production function: y = f ( L , K ) = L 0.3 K 0.5 . where L is the amount of labor that the firm uses, K is the amount of capital, and y is output. 1st attempt Suppose that the firm is using 64 units of capital. What is the marginal product of labor when the firm is using 10 units of labor? What is the marginal product of labor if the firm is using 20 units of labor? Give your answers to two decimal places.

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