(Figure: Production Function V) Refer to the production function, which has a slope of 1/L^0.5. The marginal product of labor for L = 1, assuming that labor is infinitely divisible, is ____. A) 1 B) 0.705 C) 0.577 D) 0.5

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The Answer of (Figure: Production Function V) Refer to the production function, which has a slope of 1/L^0.5. The marginal product of labor for L = 1, assuming that labor is infinitely divisible, is ____. A) 1 B) 0.705 C) 0.577 D) 0.5

(Figure: Production Function V) Refer to the Production Function, Which