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1. Draw the isoquant map for the technology ? = √??. Be precise. 2. Consider the...

1. Draw the isoquant map for the technology ? = √??. Be precise.
2. Consider the production function f(L, K)=L+K. Suppose K is fixed at 2. For this function, the marginal product of labor MPL is 1. (a) Find the algebraic expression for the average product of labor APL. (b) Graph the total product of labor function TPL, the average product of labor APL, and the marginal product of labor MPL. Does your answer to part b) violate the rule describing the relationship between average and marginal values? Explain
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