Find the value of l at which the marginal product function, Microeconomics

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Find the value of l at which the marginal product function

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.

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Microeconomics: Find the value of l at which the marginal product function

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Microeconomics: Find the value of l at which the marginal product function

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