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Frisbees are produced according to the production function q = 2K+L where q =output of frisbees per hour, K =capital input per hour, L =labor
input per hour.
a) If K = 10, how much L is needed to produce 100 frisbees per hour?
b) If K = 25, how much L is needed to produce 100 frisbees per hour?
c) Graph the q = 100 isoquant. Indicate the points on that isoquant de.ned in part a and part b. What is the RTS along this isoquant? Explain
why the RTS is the same at every point on the isoquant.
So i know that my labor for part A is 80, labor for part B is 50 and then i ghraphed the isoquant... can someone please explain how to determine the RTS of the isoquant?
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