Waec Model Questions Vol1 2017 Economics Question 41
Practice objective / multiple choice question 41 from the 2017 Waec Model Questions Vol1 Economics examination.
A firm's total product of labour is given by \(Q = L^{3} - 4L^{2} + 5L\), where \(Q\) is output (units) and \(L\) is the number of workers employed. At what level of labour does the average product of labour equal the marginal product of labour? State the number of workers (L) and the corresponding output (Q).
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About This Question
This is Waec Model Questions Vol1 2017 Economics Question 41. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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