Suppose a firm’s production function is given by q = 2KL + L , where K is capital and L is labor. What is the average product of labor (APL) when 5 units of capital are employed? A. 11 B. 5.5 C. 10 D. 22

Suppose a firm’s production function is given by q = 2KL + L , where K is capital and L is labor. What is the average product of labor (APL) when 5 units of capital are employed? A. 11 B. 5.5 C. 10 D. 22

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

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Suppose a firm’s production function is given by q = 2KL + L , where K is capital and L is labor. What is the average product of labor (APL) when 5 units of capital are employed?

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