Answered: 03. If production is represented by…

03. If production is represented by y=AL 2, where L represents employment, what is the marginal productivity of labour when 9 units of labour are employed? Oa. A/4 b. A/6 OC. A/2 d. A/3

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 36CTQ: Retune to Table 7.2. In the top half of the table, at what point does diminishing marginal...

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03. If production is represented by y=AL 2, where L represents employment, what is the marginal productivity
of labour when 9 units of labour are employed?
a. A/4
b. A/6
OC. A/2
Od. A/3

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