Question: In the short run, suppose that labor is the variable input and capital is the fixed input. If , at 1 0 0 units of

In the short run, suppose that labor is the variable input and capital is the fixed input. If, at 100 units of labor, the marginal product of labor, MPL, is 20 units of output and the average product of labor, APL, is 15 units of output (i.e., MPL(100)=20 units of output and APL(100)=15 units of output), then
Group of answer choices
average product of labor, APL, is increasing.
total product of labor, TPL, is decreasing.
average product of labor, APL, is decreasing.
average product of labor, APL, is at a maximum.
total product of labor, TPL, is at a maximum.

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