Given the Production Function Q = L², Calculate the Average

question 14

Multiple Choice

Given the production function Q = L², calculate the average product of labor for L = 2, and also calculate the marginal product of labor between L = 1 and 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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