Math Problem Statement

give the production Q=2.5L² where Q and L are quantity of labour and the given total revenue function R= 120Q=0.2Q² find marginal product of labour(L) when L =10

Solution

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Math Problem Analysis

Mathematical Concepts

Production Function
Marginal Product of Labor
Derivatives

Formulas

Q = 2.5L^2
MPL = dQ/dL

Theorems

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Suitable Grade Level

Undergraduate