Refer to the following:
A short-run production function was estimated as

$Q = - 0.002 L ^ { 3 } + 0.16 L ^ { 2 }$
-What is total product when average product is at its maximum level?
A) 94
B) 86
C) 100
D) 128
E) 150

Question

Refer to the following:
A short-run production function was estimated as

$Q = - 0.002 L ^ { 3 } + 0.16 L ^ { 2 }$
-What is total product when average product is at its maximum level?
A) 94
B) 86
C) 100
D) 128
E) 150

Quizplus · Accepted Answer

The Answer of Refer to the following:
A short-run production function was estimated as

$Q = - 0.002 L ^ { 3 } + 0.16 L ^ { 2 }$
-What is total product when average product is at its maximum level?
A) 94
B) 86
C) 100
D) 128
E) 150

Refer to the Following: a Short-Run Production Function Was Estimated Q=−0.002L3+0.16L2Q = - 0.002 L ^ { 3 } + 0.16 L ^ { 2 }Q=−0.002L3+0.16L2