Theproductionof barstools (q) is characterized by aproduction functionof the form

a. Derive general expressions for average productivity of labor and capital for barstool production as functions of K and L. (Hint: By definition, = q/L and = q/K)

b. Graph and curve for K=100

c. Graph the q= 10 isoquant. Show all K-L combinations in a table.

d. The point K=10, L=10 is one point on the q =10 isoquant. What value of K corresponds to L= 11 on that isoquant? What is the approximate value for the RTS at K = 10, L=10?