Neco Model Questions Vol1 2020 Economics Question 9
Practice objective / multiple choice question 9 from the 2020 Neco Model Questions Vol1 Economics examination.
The total product of labour (TP) is given by \(TP = 4L^{3} - 30L^{2} + 80L\), where \(L\) is the number of labour units employed. Find the level of labour at which average product of labour is maximised.
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About This Question
This is Neco Model Questions Vol1 2020 Economics Question 9. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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