Answer to Question #326167 in Microeconomics for tf5

Question #326167

A firms production function is Q(L)=15l^2-0.1l^3. Find the number of workers required to maximise total product. for what number of workers is average product maximum

Expert's answer

"Q=15l^2-0.1l^3,"

"Q'=30l-0.3l^2,"

"Q'=0,"

"l=100,"

"Q=50000."

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