Neco 2025 Economics Question 17
Practice objective / multiple choice question 17 from the 2025 Neco Economics examination.
A firm's total output is described by the production function \(Q = 6L - 0.3L^{2} + 0.01L^{3}\), where \(L\) is the number of labour units employed and \(Q\) is the output in units. Find the level of labour \(L\) at which the average product of labour equals the marginal product of labour.
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About This Question
This is Neco 2025 Economics Question 17. It is one of the objective questions from the 2025 Neco Economics examination.
Difficulty level: Medium .
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