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Obtain the firm short-run production function

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Reference no: EM132155343

Production function: Q=f(L,K)=LsqrtK. Supposed that the firm operates in the short run with 16 units of capital.

1) Obtain the firm's short-run production function.

2) Obtain the firm's average product (AP). It does not depend on L but is constant.

3) Obtain the firm's marginal product (MP). It does not depend on L but is constant.

Reference no: EM132155343

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