Question 19 5 pts Given the production function y = =x1/3, if Price of output is P and price of input X is V and
Question 19 5 pts Given the production function y = =x1/3, if Price of output is P and price of input X is V and fixed cost is FC, what is the expression for marginal cost (MC) as a function of Y? O MC=3Vy1/3 O MC=3y3/V O MC = 81Vy2 O MC=Vy1/3 Question 20 5 pts Given the production function y = 4x-5, if Price of output is P and price of input X is V and fixed cost is FC, what is the expression for marginal cost (MC) as a function of Y? O MC = -32Vy-3 O MC = Vy2/2 O MC = 4Vy-0.5 O MC = y/ 4V
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