Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
There is a specific relationship between the marginal product of labor and the average product of labor.For the following parts of this question work...
(a and b are arbitrary constants.)
a. Find the marginal utility of x and y using calculus. (4 points)
b. Explain whether the marginal utility of x and y is positive or negative and its economic significance. (4 points)
c. Explain whether the marginal utility of x and y is increasing or decreasing. (4 points)
d. What is the amount of x that will maximize utility? (3 points)