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Question
The production function of pizzas for One Guy's Pizza shop is y(K, L) = 4
. K represents the number of ovens One Guy's Pizza uses and is fixed in the short-run at 4 ovens. L represents the number of labor hours One Guy's Pizza employees and is variable in the short and long-run. Fill in the empty columns in the table below.| Pizzas | K | L | MPL (L, K) =  |
MPK (K, L) =  |
| 4 | 1 | |||
| 4 | 4 | |||
| 4 | 9 | |||
| 4 | 16 |
Answer
This answer is hidden. It contains 49 characters.
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