Ejercicio Test 5 - e · Microeconomía I UPF 2019

Test 5. Questions 1-8 (June 2, 2020)

e. A firm has production function $f(x, y) = 4x^{1/2}y^{1/2}$ and currently uses 16 units of $x$ and 36 units of $y$. What are the marginal product of factor $x$ ($MP_x$) and the technical rate of substitution ($TRS$)?