Question: Suppose we have the daily production function q : q=20l20,5l3 where l is the number of workers employed per day. Find the maginal product of
Suppose we have the daily production function q : q=20l20,5l3 where l is the number of workers employed per day. Find the maginal product of labour (MPL) and the average product of labour (APL) where l=10 . a. MPL=150 and APL=250 b. None of the given options is true c. MPL=1500 and APL=150 d. MPL=250 and APL=1500 e. MPL=250 and APL=150
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