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A sports company has the following production function for a certain product, where p is the number of units produced with x units of labor
A sports company has the following production function for a certain product, where p is the number of units produced with x units of labor and y units of capital. Complete parts (a) through (d) be UI/ N p(x,y) = 2600x (a) Find the number of units produced with 33 units of labor and 1112 units of capital. p = units (Round to the nearest whole number.) (b) Find the marginal productivityes. op ax = PX = op ay = PV (c) Evaluate the marginal productivityes at x = 33 and y = 1112. Px(33,1112) = (Round to the nearest whole number as needed.) Py (33, 1112) = (Round to the nearest whole number as needed.) (d) Interpret the meanings of the marginal productivityes from part (c).(d) Interpret the meanings of the marginal productivities from part (o). C: A. Supposing that labor is fixed at 8582 units, then a one-unit change in labor will cause production to increase by about 1112 units. Supposing that labor is xed at 382 units, then a one-unit change in capital will cause production to increase by about 33 units. 1:: B. Supposing that labor is fixed at 1112 units, then a one-unit change in capital will cause production to increase by about 8582 units. Supposing that capital is xed at 33 units, then a one-unit change in labor will cause production to increase by about 382 units. l l C. Supposing that capital is xed at 1112 units, then a one-unit change in labor will cause production to increase by about 8582 units. Supposing that labor is xed at 33 units, then a one-unit change in capital will cause production to increase by about 382 units. 1:: D. Supposing that labor is fixed at 8582 units, then a one-unit change in capital will cause production to increase by about 1112 units. Supposing that capital is xed at 382 units, then a one-unit change in labor will cause production to increase by about 33 units
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