What is firms marginal product of labor and average product

Reference no: EM13239656

If the long-run production function is q = O.4KL^0.5, what is the firm's short-run production function if K = 5 units? What is the firm's output when L = 16 workers? What is the firm's marginal product of labor and average product of labor when L = 16 workers? Does this production function exhibit diminishing returns to labor?

Reference no: EM13239656

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