Suppose that the production function is q =L0.75 K0.25 What is the average product of labor AP, holding capital fixed at K? O A. AP, = L - 0.251 0.25 O B. AP, = q/ L. O C. AP, = 0.75L - 0.251 0.25 D. Both a and b. O E. All of the above.What is the marginal product of labor MP ? O A. MP, = 0.75L - 0.25 0.25 X B. MP, = 0.75(q/L). O C. MP, = 0.751 0.25 O D. MP, = L - 0.251 0.25 E. Both a and b. What are the APL and MP_ when K = 16? When K = 16 , APL =. (Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a superscript can be created with the ^ character.)