Solved

Refer to the Following:
a Short-Run Production Function Was Estimated Q=0.002L3+0.16L2Q = - 0.002 L ^ { 3 } + 0.16 L ^ { 2 }

Question 1

Multiple Choice

Refer to the following:
A short-run production function was estimated as

Q=0.002L3+0.16L2Q = - 0.002 L ^ { 3 } + 0.16 L ^ { 2 }
-At 20 units of labor, what is total product?


A) 48
B) 96
C) 20
D) 62
E) 41

Correct Answer:

verifed

Verified

Related Questions