Blowdryer businessman Max Power is starting a new hairdryer business.Max estimates his production function to be q = KL^0.5.Max has 60 units of capital (K = 60).Derive Max's MP and AP of labor for the current level of capital.

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The Answer of Blowdryer businessman Max Power is starting a new hairdryer business.Max estimates his production function to be q = KL^0.5.Max has 60 units of capital (K = 60).Derive Max's MP and AP of labor for the current level of capital.

Blowdryer Businessman Max Power Is Starting a New Hairdryer Business