Joe owns a coffee house and produces coffee drinks under the production function q = 5kl where q is the number of cups generated per hour, k is the number of coffee machines (capital), and l is the number of employees hired per hour (labor). what is the marginal product of labor?

Marginal Product of Labour = 5K

Step-by-step explanation:

Marginal product of labor is the change in output when additional labor is added,

To calculate marginal product of labor you simply divide the change in total product by the change in labour.

Marginal product of labour (MPL) = Change in total products/ Change in labour

Here, change in labour = 5KL

Change in labour = L

MPL = 5KL/L

MPL = 5K

1. 3.4/4

2. 0.8/7

3. 0.5 x 3

4. 0.9 x 6

5. 10.8

6. 2.35

7. 0.567

8. 9.35

9. 0.02

10. 0.06

11. 0.16

12. 0.42

13. 0.63

14. 5.6

15. 8.1

16. 9.9

17. 0.28

18. 0.48

19. 0.27

20. 0.49

21. 0.45

22. 0.72

23. 0.9

24. 0.88

25. 0.75

26. 0.16

27. 0.328

28. 0.495

29. 0.72

30. 1.068

hello from mrbilldoesmath!

answer:

the domain is the set { -2, 0, 2, 3}

discussion:

the domain is the set of x values in the ordered pairs (x,y). taking the x, or first component, of each ordered pair gives   -2, 0, 2, 3.

you,

mrb