Problem
Consider the following short-run production function (where L = variable input, Q = output):
a. Determine the marginal product function (MPL).
b. Determine the average product function (APL).
c. Find the value of L that maximizes Q.
d. Find the value of L at which the marginal product function takes on its maximum value.
e. Find the value of L at which the average product function takes on its maximum value.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.