If the Production Function Is Q = K

question 54

Multiple Choice

If the production function is Q = K^.5L^.5 and capital is fixed at 1 unit, then the average product of labor when L = 36 is

• A)1/3.
• B)1/6.
• C)2/3.
• D)none of the statements associated with this question are correct.

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Definitions:

Kelley's Model

A psychological theory explaining the processes by which individuals make attributions about the causes of behaviors or events.

"Star" Follower

A highly engaged, independent, and critical thinker who supports the leader while successfully navigating through the organizational environment.

Active

Engaged in action; not passive, showing a willingness to take part in activities or exert effort.

"Reversing the Lens"

The concept or practice of looking at situations from different perspectives, often used in leadership or management to gain deeper understanding.