Skateboards Are Produced According to the Production Function,q = 10K⁰

question 69

Multiple Choice

Skateboards are produced according to the production function,q = 10K^0.25L^0.5 - L.At what quantity of labor does total product begin to decline given that capital is fixed at 16 units in the short-run?

• A) L = 100
• B) L = 10
• C) L = 5
• D) Not enough information is given.

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