Given the Production Function $Q = L ^ { 2 }$

question 76

Multiple Choice

Given the production function $Q = L ^ { 2 }$ , calculate the average product of labor for $L = 2$ , and also calculate the marginal product of labor between $\mathrm { L } = 1$ and $\mathrm { L } = 2$ .

• A)The average product of labor is 2 and the marginal product of labor is 2.
• B)The average product of labor is 1 and the marginal product of labor is 3.
• C)The average product of labor is 3 and the marginal product of labor is 2.
• D)The average product of labor is 2 and the marginal product of labor is 3.

---

Definitions:

Williamson Ether Synthesis

A method for preparing ethers by reacting an alkyl halide with an alkoxide ion, a fundamental reaction in organic chemistry to form ether bonds.

Ether

Organic compounds that are defined by having an oxygen atom bonded to two alkyl or aryl groups.

Carboxylic Acid

Organic acids characterized by the presence of at least one carboxyl group, which consists of a carbon atom double-bonded to an oxygen atom and single-bonded to a hydroxyl group.

Alcohol

A compound containing one or more hydroxyl (OH) groups attached to a carbon atom.