Problem
Suppose inputs are only substitutable at two units of labor for every one unit of capital and one unit of output is produced for every unit of labor or 1/2 unit of capital. What would be the equation for the production function? What is the average and marginal product of labor in this case?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.