Homer's Donut Shoppe has the production function q = 10L +20L²- 5L³.The average product of labor is

Question

Quizplus · Accepted Answer

The average product of labor is the total output (q) divided by the quantity of labor (L) used. Therefore, AP = q/L. Substituting the production function q = 10L +20L²- 5L³, we get AP = (10L +20L²- 5L³)/L. Simplifying this expression, we get AP = 10 + 20L - 5L². Therefore, the correct answer is option A.

Homer's Donut Shoppe Has the Production Function Q = 10L