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# The production function of pizzas for One Guy's Pizza shop is y(K, L) = 4 . K represents the ...

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The production function of pizzas for One Guy's Pizza shop is y(K, L) = 4 .  K represents the number of ovens One Guy's Pizza uses and is fixed in the short-run at 4 ovens.  L represents the number of labor hours One Guy's Pizza employees and is variable in the short and long-run.  Fill in the empty columns in the table below.

Pizzas   K   L   MPL (L, K)  =     MPK (K, L)  =
4   1
4   4
4   9
4   16
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## Microeconomics

Edition: 8th
Author:
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