3. In order to produce 28 widgets, a firm must use 14 workers in
combination with 4 machines.
a. Let q denote the number of widgets, L denote the number of
workers, and K denote the number of machines. Write down the
production function that represents this technology for producing
widgets. In a diagram with L on the horizontal axis and K on the
vertical axis, draw the isoquant associated with q = 56.
b. Let w represent the wage...