Over time, there has been a continual decrease in autoworkers' wages. During this same time, drivers start to prefer compact cars over trucks. Which of the statements most accurately describes what happens to the equilibrium price and quantity of trucks The equilibrium price will increase and the equilibrium quantity will increase The equilibrium price will decrease and it is unclear how the equilibrium quantity will change The equilibrium quantity will decrease and it is unclear how the equilibrium price will change The equilibrium price will decrease and the equilibrium quantity will decrease

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.)