Project Management: The following activities are based on a recently completed project that you have been involved in. This project may have been a student project, a work project, or an extracurricular project.
Analyze the development of the team in terms of the five-phase model and the punctuated equilibrium model. Which model does the best job of describing how the team evolved?

(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?