Answered: Imagine your firm has the short run…

Imagine your firm has the short run production function: q = -2L4 + .5L² + 3L. What is the marginal product function? 8L³+ L 2L³ + .5L O-2L3 + .5L + 3 O-8L³+ L + 3

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Imagine your firm has the short run production function: q = -2L4 + .5L² +
3L. What is the marginal product function?
08L³+ L
2L³ + .5L
-2L³ + .5L +3
-8L³+ L +3

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