What is the average product of capital

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Reference no: EM132150183

Question: Suppose the production function is Q = K^1/2L^1/2. Assume K = 16 and L-4.

What is the total output?

What is the average product of capital?

What is the average product of labor?

What is the marginal product of capital

What is the marginal product of labor?

Reference no: EM132150183

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