Multiple Choice
Suppose TP(L) = 5L2 + 40. AP(L) is:
A) 5L + 40/L.
B) 10L + 40.
C) 5L.
D) 5L + 40.
Correct Answer:
Verified
Related Questions
Q1: Suppose TP(L)=5L2+40. MP(L)is:
A)10L.
B)10L + 40.
C)5L + 40.
D)10L
Q2: Marginal product:
A)is the slope of the total
Q4: Given the production function y = min
Q5: The cost to a cab driver of
Q6: If MC in plant 1 is 5
Q7: The US "cash for clunkers" program took
Q8: Advertising costs are:
A)avoidable and fixed.
B)fixed and sunk.
C)variable
Q9: The higher the level of FC:
A)the lower
Q10: K and L are perfect substitutes in
Q11: Figure 6A
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents