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Computing the average product of labor

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Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the marginal product of labor, MPL?

Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the average product of labor, APL?

Reference no: EM131160011

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