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Given the Production Function Q = L2, Calculate the Average

Question 14

Multiple Choice

Given the production function Q = L2, calculate the average product of labor for L = 2, and also calculate the marginal product of labor between L = 1 and L = 2.


A) The average product of labor is 2 and the marginal product of labor is 2.
B) The average product of labor is 1 and the marginal product of labor is 3.
C) The average product of labor is 3 and the marginal product of labor is 2.
D) The average product of labor is 2 and the marginal product of labor is 3.

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