(Answered) Consider the production function q k05l05nbspwhere k is

Economics

Consider the production function Q = K^0.5L^0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the marginal product of labor, MPL?

Consider the production function Q = K^0.5L^0.5 where K is capital and L is labor. Suppose capital is fixed at 400 in the short-run. What is the average product of labor, APL?

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