Mathematics
Mathematics, 27.09.2021 22:20, Unstinct

A firm's short run production function is given by Q=6L2-0.2L", where L denotes the number of workers a. Find the size of the workface that maximizes output and hence sketch a graph of this production function. b. Find the size of the workface that maximizes the average product of labour. Calculate MPL and APL at this value of L. What do you observe? Group C wer any six questions. (5*6=30 marks

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A firm's short run production function is given by Q=6L2-0.2L", where L denotes the number of worker...

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