A certain production process employs two inputs - labor (L) and raw materials (R). Output (Q) is a function of these two inputs and is given by the following relationship:
Q = 6L2 R2 - .10L3 R3.
Assume that raw materials (input R) are fixed at 10 units. How many units of input L are required to maximize the total product function. How many are required to maximize the marginal product funtion and how many to maximize the average product function?© BrainMass Inc. brainmass.com October 9, 2019, 6:06 pm ad1c9bdddf
Q = 6L2 R2 - 0.10 L3 R3
When R = 10, The total product is
Q = 6L2 *10^2 - 0.10 L3 *10^3 = 600L2 - 100 ...
Steps are shown to maximize total product function.