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The marginal product of labor can be determined using the total product of labor curve. Using the equation for the production function, q=8LK+5L2-[ 1 a
The marginal product of labor can be determined using the total product of labor curve. Using the equation for the production function, q=8LK+5L2-[ 1 a 5% the level of output when L = 8 and K = 25 is . (Enter a numeric response using a real number rounded to two decimal places). When labor is 8 units and K is 25, the marginal product of labor is When labor increases to 12 units and K is 25, the marginal product of labor is Product or Output (q) Production Function 5 10 15 Labor Input (L)
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