(Answered) Suppose the production function for a firm is given

Economics

Suppose the production function for a firm is given by: q=4L^0.5K^0.25. In the short run, the firm has 16 unitsof capital.

Find the Marginal Product of Labor (MP_L). Fill in the appropriate numbers in the function below.

MP_L= x L^-0.5

^{x = ?}

(Round to the nearest 2 decimal places if necessary.)

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