Question

Please show as much work and offer as much explanation as possible, thank you so much!

2. You are a Storm Trooper recently promoted to replace the commander of the manufacturing division on the Death Star, who was executed by Darth Vader for underperformance. Your division is responsible for the manufacturing of the TIE fighters, whose production function is given by Q=64L1/2K1/2 where L (labor) is in the number of Storm Troopers, and K (capital) is in the number of machines. As you begin reviewing the division's internal records, you learn that each Storm Trooper is paid $8 per hour, while the rent for every machine is $16 per hour. You also learned that the previous commander hired 100 Storm Troopers and rented 100 machines to produce TIE fighers. What do you think the previous commander could have done to save his life? Explain. (hint: what is MPL/MPK? How does it compare to PL/Pk?)

Answer 1

MPL a0 64.1 OL 64-2 MR TS- MA MPR K L When um MRTS- EAop At ophmalitMRTS has to ke eqlto J PK=16 0 dni MRTS Comamander eould hae don betler y huneng 4 Less lapies mach) to saur hs mer labor storn Taoppr)