The value of MPL for the various cases are;
<em><u>A) MPL = 49.98</u></em>
<em><u>B) MPL = 49.8</u></em>
<em><u>C) MPL = 48</u></em>
<em><u>D) MPL = 30</u></em>
We are given;
Q = 50L - 0.01L²
Now MPL means marginal product of labor and it is defined as the derivative of Q with respect to L. Thus;
MPL = dQ/dL = 50 - 2(0.01L)
A) When L = 1;
MPL = 50 - 2(0.01 × 1)
MPL = 49.98
B) When L = 10;
MPL = 50 - 2(0.01 × 10)
MPL = 49.8
C) When L = 100
MPL = 50 - 2(0.01 × 100)
MPL = 48
D) When L = 1000
MPL = 50 - 2(0.01 × 1000)
MPL = 30
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