Suppose a short-run production function is given as follows: Q = 2 L 2 + 0.2 L

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Suppose a short-run production function is given as follows:

Q = 2 L 2 + 0.2 L 3 where Q = output and L = variable input.

Find the following:

(

a) marginal product function,

(

b) average product function, and

(

c) value of L that maximizes Q.

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