Determine the mariginal product. determine the average, Ask an Expert

Economics

Consider the following short-Run production function(where L=Variable inpout, Q=output): Q=6L2-.4L3

Determine the mariginal product
Determine the average product function
Find the value of L that maximizes Q
Find the value of L at which the marginal product function takes on its maximum value
Find the value of L at which the average product function takes on its maximum value.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9489639

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