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.

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