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What is the average product of labor function apl

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Reference no: EM13981296

Your engineering department estimated the following production function.

Q = 15L2 , 0.5L3

a. What is the marginal product of labor function, MPL?

b. What is the average product of labor function, APL?

c. What is the value of L that maximizes Q?

d. What is the value of L at which average product is maximized? 

Reference no: EM13981296

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