Solved: Suppose the production function is given by q 5k 3l what, Macroeconomics

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Suppose the production function is given by q 5k 3l what

Suppose the production function is given by Q = 5K + 3L. What is the average product of capital when 10 units of capital and 10 units of labor are employed?

a) 5
b) 8
c) 3
d) 30

Please provide assistance as well as the work to derive the solution. Please answer with in 30 minutes.

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Macroeconomics: Suppose the production function is given by q 5k 3l what

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