If the production function is Q = KL and capital is fixed at 1 unit,then the marginal product of labor when L = 25 is:
A) ¼.
B) 1/10.
C) 15.
D) None of the answers are correct.

Question

Quizplus · Accepted Answer

Given the production function Q = KL and capital (K) is fixed at 1 unit, the marginal product of labor (MPL) is the derivative of Q with respect to L, which is K. Since K = 1, MPL = 1 for any value of L, including L = 25. None of the provided options match this result.

If the Production Function Is Q = KL and Capital