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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1
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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