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

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Answer #1

The average product is L here.

Hence average product for labor for L=2 is 2.

At L=2, total product = 4.

At L=1, total product =1.

Marginal product =4-1 =3.

Correct option is B.

2. C) Close to zero.

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