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In the short run, we assume that capital is a fixed input and labor is a variable input, so the firm can increase output only
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Answer #1

When q = 2, Output and Average productivity values are correctly answered.

Marginal productivity (MP) = dq/dL = 232 + 10L - (3L2/3)

MP = 232 + 10L - (3L2/3)

When L = 1,

MP = 232 + (10 x 1) - (3 x 1 x 1 / 3)

MP = 232 + 10 - 1

MP = 241.00

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