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This is the same production function you saw in the previous question: Q = (-.05)*L 3 + (4)*L 2 When you are hiring 50 workers
This is the same production function you saw in the previous question:
Q = (-.05)*L3+ (4)*L2
When you are hiring 50 workers what is your average product (AP)?
Multiple Choice
- AP when you're hiring 50 workers is 60
- AP when you're hiring 50 workers is 75
- AP when you're hiring 50 workers is 86
- AP when you're hiring 50 workers is 92
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