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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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