Question: Imagine your short run production function is q = -L 3 + 2L 2 + 5L. a) what is the L that maximizes the average

Imagine your short run production function is q = -L3+ 2L2+ 5L.

a) what is the L that maximizes the average product?

b)what is the L that makes average product equal to marginal product?

c)what is the level of production when L = 0.3?

d)what is the average product when L = 1.2?

e)what is the marginal product when L = 0.8?

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