ans) 18
Marginal product of capital ( MPK) = dQ/dk = 5.2 - 2K
Put K = 2 implies MPK = 5.2 - 2(2) = 1.2
MPK * marginal revenue = 1.2* 15 = 18
Question 4 O out of 10 points Suppose we have a production function Q = 5.2K-K2....
Suppose we have a production function Q = 16.7K - K^2. If marginal revenue is $10, what is the marginal revenue product of capital when K=4. Hint: Round your answer to two decimal places.
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