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Business, 22.06.2019 21:20 thicklooney

Suppose life expectancy in years​ (l) is a function of two​ inputs, health expenditures​ (h) and nutrition expenditures​ (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c​ = 1, a health input of ​$400400 per year ​(hequals=44​) and a nutrition input of ​$400400 per year ​(nequals=44​), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing​, and the marginal product of health when h goes from 66 to 77 is nothing. ​(round your answers to three decimal​ places.)

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