Question: Your engineering department estimated the following production function. Q = 15L2 0.5L3 a. What is the marginal product of labor function, MPL? b. What

Your engineering department estimated the following production function.
Q = 15L2 – 0.5L3
a. What is the marginal product of labor function, MPL?
b. What is the average product of labor function, APL?
c. What is the value of L that maximizes Q?
d. What is the value of L at which average product is maximized?

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