Graph the production possibly 3. The marginal product of labor curves corresponding to the production functions in problem 2 are as follows: xQ...
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please help me with problem 3 A. B. C. D. The exercise in in the picture i sent

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WhatsApp Image 2019-10-01 at 1.44.59 PM.jpeg

b. Graph the production possibly
3. The marginal product of labor curves corresponding to the production functions
in problem 2 are as follows:
xQ
Workers Employed
MPL in Sector 1
MPL in Sector 2
DL
10
1.51
1.59
20
1.14
1.05
= Q2 - 0
30
1.00
.82
40
87
.69
50
.78
.60
60
. 74
.54
70
Q3 - 9-
69
.50
66
.46
Re 15.
90
.63
.43
100
60
.40
a. Suppose the price of good 2 relative to that of good 1 is 2. Determine graphi-
cally the wage rate and the allocation of labor between the two sectors.
b. Using the graph drawn for problem 2, determine the output of each sector.
Then confirm graphically that the slope of the production possibility frontier
at that point equals the relative price.
c. Suppose the relative price of good 2 falls to 1.3. Repeat (a) and (b).
d. Calculate the effects of the price change from 2 to 1.3 on the income of the
specific factors in sectors 1 and 2.

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