Solve clearly

What is MP1 (the marginal product of labor)? a. 0. 125 b. 0.25 C. 3.0 d. 4.0 e. 8.0 What is MP2 (the marginal product of capital)? a. 0. 125 b. 0.25 C. 3.0 d. 4.0 e. 8.0 What is the cost-minimizing amount of labor that Caesar should hire? a. x 1 = 0 hours b. x 1 = 4 hours c. x 1 = 8 hours d. x 1 = 50 hours e. x 1 = 100 hours What is the cost-minimizing amount of capital that Caesar's should rent? a. x 2 = 0 hours b. x 2 = 4 hours C. X 2 = 8 hours d. x 2 = 50 hours e. x 2 = 100 hours What is the minimum total cost that the firm can incur and still meet its production goal? a. C = $100.00 b. C = $125.00 C. C = $250.00 d. C = $500.00 e. C = $1,000.00 What is the slope of the isocost line at the cost-minimizing level of output? a_ slope = - 0.25 b. slope = - 0. 50 c. slope = - 1.33 d. slope = - 1.67 e. slope = - 2.00 At the cost-minimizing point, what is the technical rate of substitution? a. TRS = - 0.25 b. TRS = - 0.50 c. TRS = - 1.33 d. TRS = - 1.62 e. TRS = - 2.50Caesar's Order Processing Service has the production functiony = 4x1 + 8x2. WI = $10.00 per hour w2 = $5.00 per hour The firm has decided to produce y = 400 processed orders. -0-11 12 13 -Isoquant 50 45 x 2 (capital, automated machines in hours perday) 10 20 30 40 50 60 70 80 90 100 X (Labor in hours perday)