(Answered) Afirm has the following short run production functionq

Economics

A firm has the following short run production function

Q = 20L2 - 2L3 205

(a) Write the firm's marginal product of labor.

(b) At what level of labor input does the MPPL reach its maximum? At what level does it become zero?

(c) Show that the output reaches its maximum at the level of labor input where MPPL is equal zero (use the graph as a guide).

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Microeconomics, Economics

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