Question: Suppose the production function is given by Q = 4K1/2L1/2, and capital is fixed at 16. What is average product of labor when the firm

Suppose the production function is given by Q = 4K1/2L1/2, and capital is fixed at 16. What is average product of labor when the firm hires 25 units of labor?

3.2

1.6

0.8

None of the answers are correct.

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