1. In his article "The Economics of Performing Shakespeare" (on the reading list), James H. Gapinski finds that the annual production function for cultural experiences (measured by paid attendance) at the Royal Shakespeare Company's Shakespeare Memorial Theatre in Stratford is given by: Q = 1.4810.620.33 MPL = 0.92L-0.38 0.33 MPK = 0.49L 0.62 K-0.67 a. Does the production function obey the "law of diminishing marginal returns" for labor? What about for capital? b. Do the isoquants for cultural experiences slope downward? Do they display diminishing marginal rate of technical substitution? c. Does the production function exhibit increasing, decreasing, or constant returns to scale