Question: 1.Consider the following short-run production function (where L = variable input, Q = output): Q = 6L - 0.5L 2 a.Find the value of L

1.Consider the following short-run production function (where L = variable input, Q = output):

Q = 6L - 0.5L²

a.Find the value of L at which diminishing marginal returns sets in. Hint: Diminishing Returns sets in where MPL = 0. After that point, adding one additional worker will be less productive than the previous addition.

b.Determine the average product of labor function (APL).

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