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I am Jock, AMA

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EFCNIK said:
How often do you trim your beard?

And do you think you're more Scottish than Phenom is Welsh?
Click to expand...

I just shave it all off every month or so and let it grow back.

No. He's Welsher than Tom Jones and Charlotte Church's love child eating leeks at Cardiff Arms Park.
 


Wheat is produced according to the production function q = 100(K^0.8L^0.2), where K is capital and L is labor.
a. Derive the marginal product of labor and the marginal product of capital.
b. Show that the marginal product of labor and the marginal product of capital are both
decreasing (hint: beginning with K = 4, and L = 49).
c. Does this production function exhibit increasing, decreasing, or constant returns to scale?

Cheers in advanced Jock.
 
Saliba said:
Wheat is produced according to the production function q = 100(K^0.8L^0.2), where K is capital and L is labor.
a. Derive the marginal product of labor and the marginal product of capital.
b. Show that the marginal product of labor and the marginal product of capital are both
decreasing (hint: beginning with K = 4, and L = 49).
c. Does this production function exhibit increasing, decreasing, or constant returns to scale?

Cheers in advanced Jock.
Click to expand...

Cheese on toast is the answer to all of these.
 

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