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Suppose the production function for a bakery is: Q = 4K0.4L0.6 where Q is the number...

Suppose the production function for a bakery is: Q = 4K0.4L0.6 where Q is the number of loaves of bread produced per day, K is the number of ovens, and L is the number of workers employed. Use calculus for the following:

a. determine a function for the marginal product of labor.

b. determine a function for the marginal product of capital.

c. find the marginal rate of technical substitution.

d. discuss how MRTSLK changes as the firm uses more labor, holding output constant.

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