N4

Prunella raises peaches. Where L is the units of labor she uses and T is the units of land she uses, her output is f(L,T)=L1/3 T1/3 bushels of peaches.

On the graph below, plot the input combinations for LL = 1, 2, 4, 8, and 16 that give a total output of two bushels.

This production function exhibits ???? returns to scale.

Assuming Prunella has only 5.00 units of land, how much extra output does she get from adding an extra unit of labor when she previously used 3.00 units of labor? Round your answer to two decimal places.