. Consider the production functions for good X and good Y given below it =K2 +1. V = ZENKL a. Show and discuss which production mctiors) exhibitis) diminishing marginal productivity of labor and capital. (5 pts) b. Show and discuss which production funetion(s) exhibitIIs) diminishing NETS\"- (5 pts) e. Suppose capital and labor are doubled, solve for the returns to scale of each production function and interpret your results. (I 0 pts) . Consider the following information of a hypothetical rm: Q = 100K""L3, w = 1, and r = 3