The following cubic equation is a long-run production function for a firm:
where Q is the number of units produced per year. Suppose the firm employs 25 units of capital.
-The equations for total product, average product, and marginal product are:
TP = ___________________________
AP = ___________________________
MP = ___________________________

Question

The following cubic equation is a long-run production function for a firm:
  where Q is the number of units produced per year. Suppose the firm employs 25 units of capital.
-The equations for total product, average product, and marginal product are:
TP = ___________________________
AP = ___________________________
MP = ___________________________

Quizplus · Accepted Answer

The Answer of The following cubic equation is a long-run production function for a firm:
  where Q is the number of units produced per year. Suppose the firm employs 25 units of capital.
-The equations for total product, average product, and marginal product are:
TP = ___________________________
AP = ___________________________
MP = ___________________________

The Following Cubic Equation Is a Long-Run Production Function for a Firm