Homework Answers
TP will be maximum when dQ/dL =0,
dQ/dL = d/dL(2L2-16L+20)
or, 0 = 4L-16
or, L=16/4 = 4
Hence Total Product will be maximum when L=4
Total Product at L=4 will be 2*4^2-16*4+20 = 32-64+20 = -12
Hence Average product is not positive.
Marginal Product =dQ/dL= 4L-16 from above
Hence only 2nd option is correct i.e TP is maximum at L=4
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