If the production function is Q = K5L.5 and capital is fixed at 1 unit, then the average product of labor when L= 25 is

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Chapter6: Proudction Costs
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If the production function is Q = K5L.5 and capital is fixed at 1 unit, then the average product of labor
when L= 25 is
Transcribed Image Text:If the production function is Q = K5L.5 and capital is fixed at 1 unit, then the average product of labor when L= 25 is
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