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For each of the following production functions, please do the following: i) graph the isoquant curve corresponding to Q=100 (Tip: you don't need to use

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For each of the following production functions, please do the following: i) graph the isoquant curve corresponding to Q=100 (Tip: you don't need to use the same scale on all your graphs); ii) for each of labour and capital, use the corresponding marginal product functions to describe whether diminishing marginal returns exist; iii) find the marginal rate of technical substitution of labour for capital; iv) describe if there are increasing, constant, or decreasing returns to scale. (e) Q=K2L,MPL=2LK2,MPK=2KL For each of the following production functions, please do the following: i) graph the isoquant curve corresponding to Q=100 (Tip: you don't need to use the same scale on all your graphs); ii) for each of labour and capital, use the corresponding marginal product functions to describe whether diminishing marginal returns exist; iii) find the marginal rate of technical substitution of labour for capital; iv) describe if there are increasing, constant, or decreasing returns to scale. (e) Q=K2L,MPL=2LK2,MPK=2KL

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