Consider a Production Function of the Form $Q = K ^ { 2 } L ^ { 2 }$

question 20

Multiple Choice

Consider a production function of the form $Q = K ^ { 2 } L ^ { 2 }$ with marginal products MP_K = 2KL² and MP_L = 2K²L. What is the marginal rate of technical substitution of labor for capital at the point where K = 5 and L = 5?

• A) 5
• B) 25
• C) 50
• D) 1

Identify the significance of interdisciplinarity in sociological research and its impact on various disciplines.

Describe the basic principles and purposes of different sociological theories.

Analyze societal changes and their impact on the discipline of sociology.

Understand the use of empirical methods in gathering reliable sociological data.